Off the top of my head, as reflected in the most recent four quarterly reports issued by INTF, the following observations and predictions are made.
In the last four quarters, the cost of goods sold has declined from over 40% to 35% This reflects the shift to higher margined software products. The only thing holding this number down appears to be the liquidation of inventory, a lower margined sale, and the approximate 35% of the revenues which are generated within these computer peripheral fields.
Assuming 65% of this last quarter's revenues were generated from software sales, the following will serve as a best "first" guess as to what the future brings for this company.
12/99 03/00 06/00
Revenues: 5,571 7,657 10,735
CGS: 1,838 2,404 3,117
Gross Pft: 3,733 5,253 7,618
R&D: 1,250 1,875 2,500
SG&A: 2,750 3,500 4,500
Net: (267) (122) 618
Per Share: (0.06) (0.03) .14
There, I promised at least a down and dirty for guidance purposes and now you have it. It is my belief that the management team can execute their plan. |
