Startek, inc. (SRT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenue

659,205

535,412

-

-

-

-

-

-

-

-

-

Warrant contra revenue

1,295

0

-

-

-

-

-

-

-

-

-

Net revenue

657,910

535,412

-

-

-

-

-

-

-

-

-

Cost of services

547,014

449,529

-

-

-

-

-

-

-

-

-

Net revenue

-

-

292,604

307,200

282,134

250,080

231,257

198,092

219,493

265,376

288,980

Cost of services

-

-

260,242

270,779

257,830

219,608

206,932

175,095

203,284

237,672

239,879

Gross profit

110,896

85,883

32,362

36,421

24,304

30,472

24,325

22,997

16,209

27,704

49,101

Selling, general and administrative expenses

91,363

74,425

32,584

33,196

34,427

31,397

28,828

29,645

37,334

43,281

43,196

Impairment losses and restructuring cost

9,827

5,830

-

-

-

-

-

-

-

-

-

Acquisition related cost

-11

11,425

-

-

-

-

-

-

-

-

-

Restructuring and other acquisition related cost

-

-

520

364

3,890

3,965

94

4,066

5,496

2,835

6,437

Operating Income/ (Loss)

9,717

-5,797

-742

2,861

-14,013

-4,890

-4,597

-10,714

-26,621

-18,412

-532

Share of profit/ (loss) of equity-accounted investees

-226

179

-

-

-

-

-

-

-

-

-

Interest expense, net

-15,824

-

-970

-1,748

-1,139

-6

-1,579

342

33

273

-210

Exchange gain (loss), net

-2,157

-2,588

-

-

-

-

-

-

-

-

-

Loss before income taxes

-8,490

-23,555

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-

-

-1,712

1,113

-15,152

-4,896

-6,176

-10,372

-26,588

-18,139

-742

Income tax expense

4,791

3,900

-436

718

464

564

230

116

-126

1,244

-751

Foreign currency translation adjustments

-

-

-

-

-

-

-898

413

-162

568

901

Unrealized gain on investments available for sale, net of tax

-

-

-

-

-

-

-

-

-

-

49

Change in fair value of derivative instruments

-

-

-

-

-

-

-2,640

614

-1,498

221

1,838

Comprehensive income (loss)

-

-

-

-

-

-

-9,944

-9,461

-28,122

-

-

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-1.30

0.00

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-1.30

0.00

Net Income (Loss)

-13,281

-27,455

-

-

-

-

-

-

-

-

-

Net loss attributable to Startek shareholders

-15,018

-

-1,276

395

-15,616

-5,460

-6,406

-10,488

-26,462

-

-

Net income/(loss) attributable to non-controlling interests

1,737

-

-

-

-

-

-

-

-

-

-

Other comprehensive (loss) / income, net of tax
(Loss) income from continuing operations

-

-

-

-

-

-

-

-

-

-19,383

9

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

4,640

Net loss

-

-

-

-

-

-

-

-

-

-19,383

4,649

Foreign currency translation

-579

-

141

297

-47

-415

-

-

-

-

-

Change in fair value of derivative instruments

490

-

691

-248

-427

599

-

-

-

-

-

Pension amortization

740

-

-601

-253

0

0

-

-

-

-

-

Comprehensive Income/ (loss) for the year

-14,110

-

-

-

-

-

-

-

-

-

-

Comprehensive Income/ (loss) attributable to Startek shareholders

-15,493

-

157

697

-16,090

-5,276

-

-

-

-18,594

7,437

Comprehensive income (loss) attributable to non-controlling interests

1,383

-

-

-

-

-

-

-

-

-

-

Net loss per common share - basic and diluted (in dollars per share)

-

-

-0.08

0.03

-1.01

-0.35

-

-

-

-1.30

0.31

Weighted average common shares outstanding - basic and diluted (in shares)

-

-

15,966

15,731

15,529

15,394

-

-

-

14,903

14,792

Net income (loss) per common share - diluted

-

-

-0.08

0.02

-1.01

-0.35

-

-

-

-1.30

0.31

Weighted average common shares outstanding - diluted

-

-

15,966

16,258

15,529

15,394

-

-

-

14,903

14,837

Net loss per common share - basic and diluted (in dollars per share)

-0.39

-

-

-

-

-

-0.42

-0.69

-1.75

-

-

Weighted average common shares outstanding - basic and diluted (in shares)

38,132

-

-

-

-

-

15,339

15,241

15,084

-

-