Startek, inc. (SRT)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

172,150

164,630

161,283

161,142

158,585

151,509

110,223

115,095

-

119,819

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

73,979

77,652

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant contra revenue

-

0

730

-

-

0

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenue

-

164,630

160,553

-

158,585

151,509

110,223

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services

143,951

136,142

132,993

133,928

133,504

128,747

93,340

93,938

-

99,762

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenue

-

-

-

-

-

-

-

-

71,600

69,373

73,979

77,652

77,127

78,305

73,733

78,035

82,261

72,756

63,464

63,653

64,179

61,438

61,254

63,209

63,423

58,448

55,576

53,810

55,137

47,675

44,421

50,859

51,143

51,701

57,139

59,510

65,598

67,676

Cost of services

-

-

-

-

-

-

-

-

65,559

62,053

64,992

67,638

66,452

67,958

66,722

69,647

72,545

69,597

58,152

57,536

56,662

52,393

55,562

54,991

55,967

51,928

49,955

49,082

46,848

41,575

41,150

45,522

47,237

49,591

52,652

53,804

58,964

60,041

Gross profit

27,634

28,488

27,560

27,214

25,081

22,762

16,883

21,157

-6,696

20,057

8,987

10,014

10,675

10,347

7,011

8,388

9,716

3,159

5,312

6,117

7,517

9,045

5,692

8,218

7,456

6,520

5,621

4,728

8,289

6,100

3,271

5,337

3,906

2,110

4,487

5,706

6,634

7,635

Selling, general and administrative expenses

19,422

22,926

24,936

24,079

21,945

22,818

15,257

14,405

2,312

14,219

8,171

7,882

8,528

8,767

8,120

7,781

8,449

9,335

8,582

8,061

8,344

7,503

7,301

8,249

7,228

7,153

7,198

7,249

7,067

6,924

7,329

8,325

9,319

8,636

11,380

7,999

10,327

10,268

Acquisition related cost

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and other acquisition related cost

-

220

746

1,093

-

6,519

0

6,257

108

0

412

0

7

187

158

12

659

889

1,536

806

461

1,262

2,051

191

531

0

-437

0

-20

533

467

3,086

-

291

3,272

-

450

764

Operating Income/ (Loss)

455

5,342

1,878

2,042

-1,343

-6,575

1,626

495

-9,116

5,838

404

2,132

2,140

1,393

-1,267

595

608

-7,065

-4,806

-2,750

-1,288

280

-3,660

-222

-303

-633

-1,140

-2,521

1,242

-1,357

-4,525

-6,074

-7,346

-6,817

-10,165

-2,293

-4,143

-3,397

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

-1,214

-16

662

342

93

47

-25

64

-

137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-3,961

-3,372

-4,026

-4,465

-3,833

-4,114

-3,273

-4,129

656

-1,343

84

-367

-564

-374

-371

-439

-380

-421

-100

-238

-223

362

-17

-128

-569

-1,075

-31

96

47

108

84

103

22

5

-12

18

-

-

Exchange gain (loss), net

400

-1,880

14

-691

-146

705

-1,868

-1,278

-

-272

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-4,320

74

-1,472

-2,772

-5,229

-9,937

-3,540

-4,848

-

4,360

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net interest and other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

211

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-2,823

-1,142

488

1,765

1,576

1,019

-1,638

156

228

-7,486

-4,906

-2,988

-1,511

642

-3,677

-350

-872

-1,708

-1,171

-2,425

1,289

-1,249

-4,441

-5,971

-7,324

-6,812

-10,177

-2,275

-4,114

-3,186

Income tax expense

240

3,436

730

385

2,383

953

234

332

-1,847

1,505

-66

-28

384

163

46

125

-105

219

163

187

82

728

-396

150

143

83

101

-97

138

-20

-163

161

137

-17

-525

279

368

2,037

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-67

-

-582

37

-112

-227

-145

-500

-26

-40

105

6

342

-

-

-

233

-

-

Change in fair value of derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

-905

776

355

-396

632

-2,185

-691

-345

58

832

69

-

-

-

-388

-

-

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

176

-

-

-

Change in fair value of derivatives instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-571

-

-

-

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,234

-

-1,573

-2,468

-257

-1,638

-1,304

-3,957

-3,045

766

-1,066

-3,440

-5,721

-

-8,461

-10,047

-

-

-

Net Income (Loss)

-4,560

-3,362

-2,202

-3,157

-7,612

-10,890

-3,774

-5,180

-

2,855

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,223

Net loss attributable to Startek shareholders

-5,291

-2,787

-3,594

-3,346

-9,703

-10,901

-3,708

-6,152

-5,997

2,374

554

1,793

1,192

856

-1,684

31

333

-7,705

-5,069

-3,175

-1,593

-86

-3,281

-500

-1,015

-1,791

-1,272

-2,328

1,151

-1,229

-4,278

-6,132

-

-

-

-

-

-

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

731

-575

1,392

189

2,091

11

-66

972

-

481

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive (loss) / income, net of tax
Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,795

-9,652

-2,554

-4,482

-

Foreign currency translation

721

-1,899

32

567

688

-2,049

-2,518

-961

629

-476

2

-14

144

45

87

21

-

47

79

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-726

-

-

-

-

Change in fair value of derivative instruments

440

-298

413

-65

-

-562

-

0

214

0

31

446

-487

-46

27

258

-

-682

750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-940

-

-

-

-

Pension amortization

671

9

236

-176

1,280

483

483

297

-

567

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive Income/ (loss) for the year

-4,070

-5,568

-1,993

-2,479

-7,657

-13,984

-6,775

-6,438

-

1,812

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive Income/ (loss) attributable to Startek shareholders

-4,490

-4,974

-3,274

-2,755

-9,233

-13,733

-6,491

-7,271

-3,986

1,331

587

2,225

1,102

855

-1,570

310

-

-8,340

-4,240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,709

-

-

Comprehensive income (loss) attributable to non-controlling interests

420

-594

1,281

276

1,576

-251

-284

833

-

481

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-0.07

-0.10

-0.09

-

-0.32

-0.18

-0.30

-0.33

0.11

0.03

0.11

0.09

0.05

-0.11

0.00

-

-0.49

-

-0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.45

-0.64

-0.17

-0.30

-0.35

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

-

38,467

37,779

37,522

-

33,812

20,600

20,600

11,366

20,767

15,916

15,815

15,771

15,735

15,719

15,699

-

15,569

-

15,417

-

-

-

-

-

-

-

-

-

-

-

-

-

15

15,072

15,014

14,916

14,886

Net income (loss) per common share - diluted

-

-

-

-

-

-

-

-

-0.33

0.11

0.03

0.11

0.08

0.05

-0.11

0.00

-

-0.49

-

-0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.45

-0.64

-0.17

-0.30

-0.35

Weighted average common shares outstanding - diluted

-

-

-

-

-

-

-

-

8,855

20,767

17,247

16,995

17,107

16,250

15,719

15,956

-

15,569

-

15,417

-

-

-

-

-

-

-

-

-

-

-

-

-

15

15,072

15,014

14,916

14,886

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.33

-

-

-0.01

-0.21

-0.03

-0.07

-0.12

-0.08

-0.15

0.07

-0.08

-0.28

-0.40

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,523

-

-

15,400

15,391

15,377

15,368

15,351

15,335

15,302

15,273

15,263

15,239

15,189

-

-

-

-

-

-