Coinstar, Inc.
Selected Financial and Other Data
(in thousands except for per share and other data)
Three months ended Year Ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
1997 1996 1997 1996
Statement of Operations Data:
Revenue $ 7,957 $ 3,349 $ 25,007 $ 8,312
Expenses
Direct Operating 5,208 2,940 17,899 7,258
Regional sales
and marketing 689 494 3,088 1,505
Product research
and development 1,644 1,533 6,362 3,969
Selling, general
and administrative 3,252 1,987 11,079 5,351
Depreciation
and amortization 2,539 1,741 8,679 4,134
Loss from operations (5,375) (5,346) (22,100) (13,905)
Other income (expense)
Interest income 598 571 2,329 848
Interest expense (2,564) (2,071) (9,822) (2,661)
Net loss before
extraordinary item (6,846) (15,718)
Extraordinary Item - loss
related to early
retirement of debt (249) (249)
Net Loss (7,341) (7,095) (29,593) (15,967)
Net Loss per share (1) ($0.49) ($0.68) ($2.41) ($1.53)
Weighted shares outstanding 15,029 10,460 12,293 10,460
Other Data:
Number of new Coinstar
units installed in period 469 292 1,703 1,234
Installed base of Coinstar
units at end of period 3,204 1,501 3,204 1,501
Number of regional markets 40 23 40 23
Dollar volume of coins
processed (thousands) $ 105,692 $ 44,841 $ 332,541 $ 115,476
Capital
expenditures (thousands) 4,756 5,676 28,188 20,820
Direct
contribution(2) (thousands) 2,749 409 7,108 1,054
Annualized revenue per
average installed unit 10,907 9,623 10,709 9,864
Annualized direct
contribution per average
installed unit 3,768 1,175 3,044 1,250
Average units installed 2,918 1,392 2,344 843
Average age of network
for the period (months) 11.7 7.0 10.0 6.5
(1) Net loss per share amounts are calculated on a proforma basis
assuming the conversion of preferred stock into common stock as if |
