USA TECHNOLOGIES INC USAT Income Statement

Usa technologies inc (USAT)

Income statement / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
Revenue
163,622	154,057	144,466	148,083	143,971	141,017	132,508	122,162	114,871	105,126	101,436	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License and transaction fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,589	53,264	49,596	46,402	43,633	41,155	39,095	37,286	35,638	34,350	32,912	31,645	30,044	28,254	26,677	24,857	23,370	22,016	20,345	18,517	16,442	0	0	0
Equipment sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,819	19,846	18,510	16,023	14,444	10,483	7,629	7,186	6,707	6,472	6,446	6,027	5,895	5,903	6,027	5,844	5,646	5,986	5,653	6,616	6,426	0	0	0
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	77,408	73,110	68,106	62,425	58,077	51,638	46,725	44,473	42,345	40,822	39,359	37,673	35,940	34,158	32,704	30,701	29,017	28,003	25,998	25,133	22,868	0	0	0
Cost of services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,089	35,338	32,792	30,883	29,429	27,893	26,522	24,859	23,018	21,829	20,569	19,437	18,219	16,899	16,123	15,743	15,312	14,837	14,274	12,976	11,651	0	0	0
Cost of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,334	16,762	14,830	12,807	11,825	8,067	5,674	4,989	4,254	3,911	4,024	3,700	3,623	3,655	3,862	3,901	3,743	4,031	3,831	3,715	3,468	0	0	0
Costs of sales
119,752	113,514	104,281	107,159	103,155	100,464	96,832	90,987	87,199	80,181	76,375	66,734	61,464	59,142	55,423	52,100	47,622	43,690	41,254	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
43,870	40,543	40,185	40,924	40,816	40,553	35,676	31,175	27,672	24,945	25,061	24,867	24,197	23,235	21,985	21,010	20,484	18,735	16,823	15,677	14,529	14,625	15,073	15,081	14,765	14,535	14,096	13,604	12,718	11,056	9,961	9,134	7,892	8,442	7,748	0	0	0
Operating expenses:
Selling, general and administrative
63,453	55,684	47,027	40,626	39,099	37,173	34,647	33,692	30,605	27,629	28,177	26,764	26,316	25,049	22,373	20,659	18,846	17,615	16,451	15,511	14,710	14,372	14,036	13,118	12,642	12,148	12,068	14,338	14,376	15,207	15,460	13,433	13,253	11,985	11,430	0	0	0
Investigation and restatement expenses
8,162	14,612	15,573	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Integration and acquisition costs
235	416	1,338	2,401	4,054	7,208	7,048	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
4,256	4,319	4,430	4,476	4,498	4,092	3,204	2,331	1,485	1,055	1,018	982	896	716	647	595	557	582	612	617	635	610	600	748	923	1,129	1,314	1,365	1,429	1,440	1,500	1,496	1,464	1,486	1,424	0	0	0
Total operating expenses
76,106	75,031	68,368	60,625	59,365	52,999	44,899	41,797	36,187	29,446	29,195	28,178	27,644	26,197	23,452	21,254	19,403	18,197	17,063	16,129	15,345	14,983	14,636	13,867	13,565	13,278	13,382	15,704	15,805	16,648	16,961	15,511	15,300	14,053	13,436	0	0	0
Operating loss
-32,236	-34,488	-28,183	-19,701	-18,549	-12,446	-9,223	-10,622	-8,515	-4,501	-4,134	-3,311	-3,447	-2,962	-1,467	-244	1,081	538	-240	-452	-816	-357	437	1,214	1,199	1,257	713	-2,100	-3,087	-5,592	-7,000	-6,377	-7,407	-5,611	-5,688	0	0	0
Other income (expense):
Interest income
1,235	1,360	1,555	1,558	1,436	1,352	943	725	613	489	482	569	522	342	320	180	140	124	83	49	25	26	30	25	33	50	57	79	82	74	72	59	0	0	-	0	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Interest expense
2,685	2,671	2,992	3,517	3,467	3,418	3,105	2,712	2,406	2,154	2,228	1,819	1,442	1,028	600	496	401	346	302	283	259	271	257	230	230	195	157	122	71	95	83	74	73	34	35	0	0	0
Change In Fair Value Of Warrant Liabilities
-	-	-	-	-	-	-	-	-	-	-1,490	-1,472	-6,277	-7,507	-5,674	-5,429	-1,725	-360	-393	-602	329	156	66	1,529	389	23	267	-1,419	-15	540	1,813	1,132	0	0	-	0	-	-
Total other income (expense), net
-1,450	-1,311	-1,437	-1,959	-2,031	-2,066	-2,162	-1,987	-1,793	-1,665	-3,236	-2,722	-7,197	-8,193	-5,954	-5,693	-1,934	-530	-560	-836	95	-87	-161	1,325	192	-120	167	-1,462	-4	518	1,801	2,015	1,070	961	-768	0	0	0
Loss before income taxes
-33,686	-35,799	-29,620	-21,660	-20,580	-14,512	-11,385	-12,609	-10,308	-6,166	-7,370	-6,033	-10,644	-11,155	-7,421	-5,937	-853	8	-800	-1,288	-720	-445	276	2,539	1,391	1,136	881	0	0	0	-	-	-	-	-	-	-	-
Provision for income taxes
356	303	262	69	66	-110	-100	-83	-80	100	95	-634	-750	-619	-615	197	428	676	289	-361	-27,226	-27,621	-27,255	-26,706	27	27	27	0	0	0	-	-	-	-	-	-	-	-
Income (loss) before provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-
Net loss
-34,042	-36,102	-29,882	-21,728	-20,645	-14,401	-11,284	-12,526	-10,228	-6,266	-7,465	-5,399	-9,894	-10,536	-6,806	-6,134	-1,281	-668	-1,089	-927	26,506	27,176	27,531	29,246	1,364	1,108	854	-3,595	-3,118	-5,093	-5,211	-4,952	-4,547	0	-	0	0	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Preferred dividends
668	668	668	668	668	668	668	668	668	668	668	668	668	668	668	670	670	670	668	669	667	667	668	664	664	664	664	664	664	664	664	664	664	664	665	0	0	0
Net loss applicable to common shares
-34,710	-36,770	-30,550	-22,396	-21,313	-15,069	-11,952	-13,194	-10,896	-6,934	-8,133	-6,067	-10,562	-11,204	-7,474	-6,804	-1,951	-1,338	-1,757	-1,596	25,838	26,508	26,863	28,582	699	444	189	-4,260	-3,782	-5,757	-5,875	-5,026	-7,001	-5,313	-7,122	0	0	0
Net income (loss) per common share
Net loss per common share - basic and diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.16	-	-	-	-0.03	-0.01	-	-	0.75	0.01	-	-	-0.04	-	-0.01	-	-0.03	-	-0.01	-	-0.11	-0.01	-0.09
Weighted average number of common shares outstanding - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,161	-	-	-	35,747	35,657	-	35,693	35,504	34,136	33,324	-	32,821	32,734	32,518	-	32,466	32,448	32,288	-	-	-	-
Basic (in dollars per share)
-0.13	-0.20	-0.16	-0.08	-0.17	-0.09	-0.03	-0.07	-0.08	-0.05	-0.07	-0.03	-0.01	-0.10	-	-	-0.02	-	-	-	-	-0.01	-	-	-	-	-	-	-	-	-	-	-0.06	-	-	-	-	-
Diluted (in dollars per share)
-0.13	-0.20	-0.16	-0.08	-0.17	-0.09	-0.03	-0.07	-0.08	-0.05	-0.07	-0.03	-0.01	-0.10	-	-	-0.02	-0.01	-	-	-	-0.01	-	-	0.01	-	-	-	-	-	-	-	-0.06	-	-	-	-	-
Weighted average number of common shares outstanding
Basic (in shares)
63,664	60,096	60,065	60,065	60,059	60,053	54,001	53,637	52,150	47,573	40,331	40,327	40,308	38,488	-	-	35,909	35,848	-	-	-	35,586	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in shares)
63,664	60,096	60,065	60,065	60,059	60,053	54,001	53,637	52,150	47,573	40,331	40,327	40,308	38,488	-	-	35,909	36,487	-	-	-	35,586	-	-	34,222	-	-	-	33,468	-	-	-	32,448	-	-	-	-	-
Weighted average number of common shares outstanding (basic and diluted) (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,914	26,005	25,842
Service
Revenue
134,867	128,846	122,908	118,499	112,365	106,146	96,872	86,968	79,045	72,168	69,134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs of sales
86,814	83,697	79,980	75,676	71,406	66,300	61,175	56,082	51,778	48,668	46,520	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product
Revenue
28,755	25,211	21,558	29,584	31,606	34,871	35,636	35,194	35,826	32,958	32,302	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs of sales
32,938	29,817	24,301	31,483	31,749	34,164	35,657	34,905	35,421	31,513	29,855	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-