Startek, inc. (SRT)
Income statement / TTM
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

659,205

645,640

632,519

581,459

535,412

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant contra revenue

-

0

0

-

-

0

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenue

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of services

547,014

536,567

529,172

489,519

449,529

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net revenue

-

-

-

-

-

-

-

-

292,604

298,131

307,063

306,817

307,200

312,334

306,785

296,516

282,134

264,052

252,734

250,524

250,080

249,324

246,334

240,656

231,257

222,971

212,198

201,043

198,092

194,098

198,124

210,842

219,493

233,948

249,923

0

0

0

Cost of services

-

-

-

-

-

-

-

-

260,242

261,135

267,040

268,770

270,779

276,872

278,511

269,941

257,830

241,947

224,743

222,153

219,608

218,913

218,448

212,841

206,932

197,813

187,460

178,655

175,095

175,484

183,500

195,002

203,284

215,011

225,461

0

0

0

Gross profit

110,896

108,343

102,617

91,940

85,883

54,106

51,401

43,505

32,362

49,733

40,023

38,047

36,421

35,462

28,274

26,575

24,304

22,105

27,991

28,371

30,472

30,411

27,886

27,815

24,325

25,158

24,738

22,388

22,997

18,614

14,624

15,840

16,209

18,937

24,462

0

0

0

Selling, general and administrative expenses

91,363

93,886

93,778

84,099

74,425

54,792

46,193

39,107

32,584

38,800

33,348

33,297

33,196

33,117

33,685

34,147

34,427

34,322

32,490

31,209

31,397

30,281

29,931

29,828

28,828

28,667

28,438

28,569

29,645

31,897

33,609

37,660

37,334

38,342

39,974

0

0

0

Acquisition related cost

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and other acquisition related cost

-

-498

5,801

5,055

-

12,884

6,365

6,777

520

419

606

352

364

1,016

1,718

3,096

3,890

3,692

4,065

4,580

3,965

4,035

2,773

285

94

-457

76

980

4,066

4,377

7,116

0

-

0

0

-

0

0

Operating Income/ (Loss)

9,717

7,919

-3,998

-4,250

-5,797

-13,570

-1,157

-2,379

-742

10,514

6,069

4,398

2,861

1,329

-7,129

-10,668

-14,013

-15,909

-8,564

-7,418

-4,890

-3,905

-4,818

-2,298

-4,597

-3,052

-3,776

-7,161

-10,714

-19,302

-24,762

-30,402

-26,621

-23,418

-19,998

0

0

0

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

-226

1,081

1,144

457

179

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense, net

-15,824

-15,696

-16,438

-15,685

-15,349

-10,860

-8,089

-4,732

-970

-2,190

-1,221

-1,676

-1,748

-1,564

-1,611

-1,340

-1,139

-982

-199

-116

-6

-352

-1,789

-1,803

-1,579

-963

220

335

342

317

214

118

33

0

0

0

-

-

Exchange gain (loss), net

-2,157

-2,703

-118

-2,000

-2,587

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-8,490

-9,399

-19,410

-21,478

-23,554

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net interest and other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-1,712

2,687

4,848

2,722

1,113

-235

-8,740

-12,008

-15,152

-16,891

-8,763

-7,534

-4,896

-4,257

-6,607

-4,101

-6,176

-4,015

-3,556

-6,826

-10,372

-18,985

-24,548

-30,284

-26,588

-23,378

-19,752

0

0

0

Income tax expense

4,791

6,934

4,451

3,955

3,902

-328

224

-76

-436

1,795

453

565

718

229

285

402

464

651

1,160

601

564

625

-20

477

230

225

122

-142

116

115

118

-244

-126

105

2,159

0

0

0

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-884

-447

-984

-898

-711

-461

45

413

0

0

0

-

-

-

0

-

-

Change in fair value of derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-170

1,367

-1,594

-2,640

-2,589

-3,163

-146

614

0

0

0

-

-

-

0

-

-

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Change in fair value of derivatives instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-5,936

-5,667

-7,156

-9,944

-7,540

-7,302

-6,785

-9,461

-18,688

-27,669

0

-

0

0

-

-

-

Net Income (Loss)

-13,281

-16,333

-23,861

-25,433

-27,456

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net loss attributable to Startek shareholders

-15,018

-19,430

-27,544

-27,658

-30,464

-26,758

-13,483

-9,221

-1,276

5,913

4,395

2,157

395

-464

-9,025

-12,410

-15,616

-17,542

-9,923

-8,135

-5,460

-4,882

-6,587

-4,578

-6,406

-4,240

-3,678

-6,684

-10,488

0

0

0

-

-

-

-

-

-

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

1,737

3,097

3,683

2,225

3,008

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-23,483

0

0

0

-

Foreign currency translation

-579

-612

-762

-3,312

-4,840

-4,899

-3,326

-806

141

-344

177

262

297

200

234

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Change in fair value of derivative instruments

490

-512

0

-80

-

0

-

245

691

-10

-56

-60

-248

-443

353

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Pension amortization

740

1,349

1,823

2,070

2,543

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive Income/ (loss) for the year

-14,110

-17,697

-26,113

-30,895

-34,854

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive Income/ (loss) attributable to Startek shareholders

-15,493

-20,236

-28,995

-32,212

-36,728

-31,481

-16,417

-9,339

157

5,245

4,769

2,612

697

-8,745

-13,840

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Comprehensive income (loss) attributable to non-controlling interests

1,383

2,539

2,882

1,317

1,874

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-