Prosoft NEWS und Zahlen 3. Q was kommt jetzt ?? - 500 Beiträge pro Seite

[trackcrack]

Hier die Zahlen und Fakten vom 3. Quartal...


AUSTIN, Texas--(BUSINESS WIRE)--June 6, 2001--ProsoftTraining.com (Nasdaq:POSO), the global leader for Internet certification, training and courseware, today reported financial results for the fiscal third quarter ending April 30, 2001.

Revenues for the third quarter of fiscal year 2001 were $7.19 million, a 40% increase over revenues of $5.15 million for the previous year`s third quarter. Loss before income taxes, amortization and depreciation and restructuring and re-alignment charges for the third quarter of fiscal year 2001 was $1.20 million or $.05 per share, compared to net income before income taxes, amortization and depreciation and restructuring and re-alignment charges of $0.71 million or $.03 per share on a fully diluted basis for the third quarter of fiscal year 2000. Reported net loss of the third fiscal quarter was $2.79 million, or $.12 per share, compared to net income of $.51 million or $.02 per share on a fully diluted basis for the previous year`s third quarter.

Revenues for the first nine months of fiscal year 2001 were $25.80 million, a 100% increase over revenues of $12.93 million for the previous year`s first nine months. Income before income taxes, amortization and depreciation and restructuring and re-alignment charges for the first nine months of fiscal year 2001 was $1.75 million or $.07 per share on a fully diluted basis, compared to $1.02 million or $.05 per share fully diluted in the first nine months of fiscal year 2000. Reported net loss of the nine months of fiscal year 2001 was $1.10 million, or $.05 per share, compared to net income of $.60 million, or $.03 per share on a fully diluted basis for the previous year`s nine month period.

Courseware revenue for the third quarter of fiscal year 2001 increased to $5.00 million, a 300% increase over courseware revenue of $1.25 million for the third quarter of the previous fiscal year. Certification revenue for the third quarter of fiscal year 2001 was $.97 million, an increase of 6% when compared to $0.92 million for the third quarter of the previous fiscal year. Services revenue for the third quarter of fiscal year 2001 declined 59%, to $1.21 million when compared to $2.98 million for the third quarter of the previous fiscal year.

Gross profit (defined as total revenue less cost of revenue) for the third quarter of fiscal year 2001 was $3.50 million compared to $2.61 million for the previous year`s third quarter. Gross profit as a percentage of revenue was 49% for the third quarter of fiscal year 2001, compared to 51% for the same quarter of the previous fiscal year. The decrease in gross profit percentage resulted from lower instructor utilization offset by higher gross profit from an increase in courseware sales. Sales and marketing expenses for the third quarter of fiscal year 2001 increased to $2.18 million, compared to $.52 million for the previous year`s third quarter, as a result of a significant expansion of the sales force and an increase in marketing investments. General and administrative expenses for the third quarter of fiscal year 2001 were $2.06 million compared to $1.08 million for the same period of the previous year. The increase primarily resulted from the increase in staff and facilities cost associated with the ComputerPREP merger.

Net cash used by operating activities for the first nine months of fiscal year 2001 was $1.83 million compared to $1.78 million for the same period the previous year. Days sales outstanding, DSO`s, were at 60 days.

Jerry Baird, chairman and CEO of ProsoftTraining.com, observed, "Although courseware and total certification revenues increased this quarter compared to the third quarter last year, the sequential decrease in revenues from the second fiscal quarter, and low instructor utilization contributed to the loss for the quarter. We have made the appropriate changes to our expense structures to achieve profitability at lower revenues."

Other developments in the third quarter of fiscal year 2001 are as follows:

-- Issued the 20,000th CIW certification.

-- Introduced the CIW Web Site Manager certification.

-- Announced Intel support for CIW as an industry standard
Internet certification.

-- Announced availability of NETg Web-based training curriculum
for CIW.

-- Announced NWCET joins the CIW Authorized Training Provider
network.

-- Introduced self-study official products for CIW candidates.

Baird continued, "Despite the sequential revenue decline due to the economic environment we faced, we had a great quarter building the CIW franchise and improving the offerings under our ComputerPREP and Mastery Point brands. We remain encouraged about the outlook for our business. We are looking for sequential growth in the first quarter of fiscal 2002, reaching our previous year`s high revenue levels in the third fiscal quarter and continued growth for the fourth fiscal quarter. Achieving these targets would allow us to earn during fiscal 2002 $.05 to $.07 per diluted share before income taxes, depreciation and amortization."

The company encourages all interested investors to join an upcoming conference call, during which company management will discuss fiscal year 2001 third quarter results and comment on future expectations. The call is scheduled for 5:00 p.m. EST/4:00 p.m. CST on June 6, 2001. The phone number for the call is 801/303-7410. Re-broadcast will be available for two weeks at 402/220-1490, PIN 1265. For more information, see the company`s Web site at www.prosofttraining.com. This press release contains forward-looking information relating to revenue, demand for and the success of our products. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Risk factors that could cause actual results to differ from those contained in these forward-looking statements include but are not limited to risks associated with business and economic conditions, a lack of growth in information technology training which would materially affect demand for our products, an inability to expand the business, a lack of revenue growth, the inability to increase market share, the impact of competition and downward pricing pressure, failure to maintain growth in courseware and certification, lack of sales in the ComputerPREP and Mastery Point brands, continued inability to eliminate necessary sales and marketing expenses, continued decline in services revenue, an increase in cash used, a increase in DSO`s, the Company`s ability to attract and retain key management and other personnel, and the other risks and uncertainties outlined in the Company`s filings with the Securities and Exchange Commission, including but not limited to the Company`s Annual Report on Form 10-K. The Company undertakes no obligation to update this forward-looking information.

PROSOFTTRAINING.COM AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
(Unaudited)

Three Months Ended Nine Months Ended
------------------ -----------------
April 30, April 30,
--------- ---------
2001 2000 2001 2000
---- ---- ---- ----
Revenue:
Services $ 1,211 $ 2,980 $ 4,729 $ 7,760
Courseware 5,004 1,251 18,383 3,482
Certification 972 915 2,691 1,687
-------- -------- -------- --------
Total revenue 7,187 5,146 25,803 12,929
-------- -------- -------- --------
Costs and expenses:
Costs of revenue 3,684 2,537 11,530 6,659
Content development 526 316 1,517 894
Sales and marketing 2,181 519 5,585 1,211
General and
administrative 2,056 1,077 5,756 2,837
Depreciation and
amortization 930 197 2,594 578
Restructuring and
re-alignment
charge (credit) 664 -- 664 (150)
-------- -------- -------- --------
Total costs
and expenses 10,041 4,646 27,646 12,029
-------- -------- -------- --------
Income (loss)
from operations (2,854) 500 (1,843) 900

Interest income
(expense), net 64 14 336 (305)
-------- -------- -------- --------
Income (loss) before
income taxes (2,790) 514 (1,507) 595

Deferred income
tax benefit -- -- 400 --
-------- -------- -------- --------

Net income (loss) $ (2,790) $ 514 $ (1,107) $ 595
======== ======== ======== ========

Net income (loss)
per share:
Basic $ (.12) $ .03 $ (.05) $ .04
======== ======== ======== ========
Diluted $ (.12) $ .02 $ (.05) $ .03
======== ======== ======== ========
Weighted average
shares outstanding:
Basic 23,263 18,729 22,909 16,312
======== ======== ======== ========
Diluted 23,263 21,620 22,909 19,726
======== ======== ======== ========


PROSOFTTRAINING.COM AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)


April 30, 2001 July 31, 2000
------- -------
A S S E T S (Unaudited)
-----------
Current assets:
Cash and cash equivalents $ 6,970 $13,044
Accounts receivable, net 4,811 4,894
Deferred income taxes 925 425
Prepaid expenses and
other current assets 913 195
------- -------
Total current assets 13,619 18,558

Property and equipment, net 1,902 1,068
Goodwill, net
40,145 37,637
License agreements and other
intangible assets, net 3,986 1,256
------- -------
Total assets $59,652 $58,519
======= =======

L I A B I L I T I E S A N D S T O C K H O L D E R S ` E Q U I T Y
--------------------------------------------------------------------
Current liabilities:
Accounts payable $ 2,852 $ 5,147
Accrued expenses 2,416 2,188
Current portion of capital
lease obligations 130 85
Accrued restructure costs 535 133
------- -------
Total current liabilities 5,933 7,553

Obligations under capital
leases, net of current portion 175 246
Other 650 291
------- -------
Total liabilities 6,758 8,090
------- -------

Common stock subject
to redemption 19 57

Stockholders` equity:
Common shares, par value $.001
per share: authorized shares:
75,000,000; outstanding:
23,448,230 shares and
22,645,462 shares 24 23
Additional paid-in capital 104,255 100,562
Accumulated deficit (51,334) (50,227)
Accumulated other
comprehensive income 5 89
Less common stock in treasury,
at cost: 11,912 shares (75) (75)
------- -------
Total stockholders` equity 52,875 50,372
------- -------
Total liabilities and
stockholders` equity $59,652 $58,519
======= =======


War das jetzt ALLES oder kommt im 4. Quartal noch was nach ??
Tja .... Ist wohl nichts mehr mit KGV auf 2002-Basis von 4,5 oder ??

Die Frage ist jetzt wie die Analysten diese Zahlen bewerten und welche Aussichten das Unternehmen den Investoren in Aussicht stellt.

Ich bleibe auf jeden Fall investiert (z. Zt. 4500 Shares) und warte auf den nächsten Aufwärtstrend. Mein Ziel ist hierbei auf jeden Fall wieder 6-8 US Dollar.

Der Bedarf an Schulungen in diesem Bereich bleibt meiner Ansicht nach. Die Frage ist nur inwieweit Prosoft seine Marktanteile halten bzw. ausbauen kann. Die Abhängigkeit von einigen großen Unternehmen (z. B. IBM) erscheint mir ein bischen gefährlich zu sein in solch turbulenten Zeiten die von Kostenreduktion geprägt sind.

trackcrack

[MacReu]

Tja, das läuft ja weiterhin sehr schlecht mit Prosoft. Wer kennt die genauen Gründe? Ich bin schon Jahre dabei und habe nicht verkauft. SCHADE! Habe die Aktiengesellschaft auch etwas verpennt und bin nicht mehr informiert was mit POSO so los ist. Wer kann mir da einmal weiterhelfen?
Gruss und allen weiterhin gute Geschäfte!
MacReu (godsack.de)