Heres a little more info:
MoVersus Technology, Inc. Ticker: VSTI Page 1 of 10
Complete Financials: January 1998 Exchange OTC
Earnings Announcement: April 1998* FY END OCT
ISSUE DATA (07/02/98) PER SHARE DATA RATIOS
Price $ 0.50 EPS (TTM) $ -0.06* P/E (TTM) NM*
52W High $ 0.50 Div. Rate $ NA Yield 0.00 %
52W Low $ 0.38 Book Value $ 0.15 Price/Book 3.42
Shrs Out 38.36 Mil Cash $ 0.04 ROE (TTM) -37.15*%
Float 20.30 Mil Rev (TTM) $ 0.05* ROA (TTM) -31.37*%
Mon. Vol 0.00 Mil Curr. Ratio 2.61
Beta NA LT Dbt/Eqty 0.01
BRIEF: VSTI develops and sells infrared tracking systems
for the health care industry and data transmission and
cellular alarm systems. VSTI also, writes, maintains and
sells software for computer-aided design and manufacturing.
For the 3 months ended 1/31/98, net sales rose 53% to $598K.
Net loss rose 41% to $557K. Revenues reflect higher infrared
tracking sales. Higher loss reflects increased selling and
marketing expenses due to increased sales staff.
*PRELIMINARY: For the quarter ended APR 1998, revenues were
655; after tax earnings were -457.
Copyright (c) 1998, Market Guide Inc., All rights reserved (more)
MoVersus Technology, Inc. QUARTERLY SUMMARY Page 2 of 10
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1995 1996 1997 1998
1st Qtr JAN 321 35 391 598
2nd Qtr APR 239 58 295 655*
3rd Qtr JUL 228 67 306
4th Qtr OCT 201 188 532
EPS (U.S. Dollars per share)
1st Qtr JAN 0.040 -0.020 -0.010 -0.010
2nd Qtr APR -0.170 -0.020 -0.020 -0.010*
3rd Qtr JUL -0.160 -0.020 -0.020
4th Qtr OCT -0.170 -0.030 -0.020
FY'97 Q.'s are being reclassified. FY'96 & '91 Q.'s
financials are reclassified. 7/12/92, VSTI sold stock of
Versus Technology, Ltd., a majority-owned subsidiary.
DIVIDENDS EMPLOYEES
Last Dividend Decl. $ NA # Employees 33
Last Div Ex-Date NA Sales/Employee (TTM) 63,364
Last Div Pay Date NA Net. Income/Empl.(TTM) NM
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MoVersus Technology, Inc. COMPANY COMPARISON Page 3 of 10
TO THE TELECOMMUNICATIONS AND S&P 500 AGGREGATES
VALUATION RATIOS: COMPANY INDUSTRY S&P 500
P/E Ratio NM* 33.21 30.96
Dividend Yield 0.00 1.40 1.37
Price to Tangible Book 13.51 8.75 10.75
Price to Book 3.42 6.68 7.57
Price to Free Cash Flow -8.77 35.97 44.11
GROWTH STATISTICS:
3 Yr Rev Growth -21.91 19.19 14.79
3 Yr EPS Growth NM 11.00 15.92
3 Yr Div Growth NM 11.76 10.94
Reinvestment Rate 100.00 66.86 67.87
PROFITABILITY RATIOS:
Net Profit Margin NM* 6.90 10.54
Return on Equity -37.15* 10.14 22.04
Interest Coverage NM 7.08 10.08
FINANCIAL STRENGTH RATIOS:
Current Ratio 2.61 1.35 1.47
LT Debt to Equity 0.01 0.81 0.79
Total Debt to Equity 0.03 1.02 1.04
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MoVersus Technology, Inc. TRADING & PRICE PERFORMANCE Page 4 of 10
INSTITUTIONAL OWNERSHIP INSIDER TRADING (Prev. 6 months)
% Shares Out. Owned 23.46 % Net Insider Trades 6
# of Institutions 5 # Buy Transactions 6
Total Shs Held 9.000 Mil # Sell Transactions 0
3 Mo. Net Purch. 0.075 Mil Net Shares Bought 0.123 Mil
3 Mo. Shs Purch. 0.145 Mil # Shares Bought 0.123 Mil
3 Mo. Shs Sold 0.070 Mil # Shares Sold 0.000 Mil
4 Week Price % Change NA% 4 Week Rel. Price % Change NA%
13 Week Price % Change NA% 13 Week Rel. Price % Change NA%
26 Week Price % Change NA% 26 Week Rel. Price % Change NA%
52 Week Price % Change NA% 52 Week Rel. Price % Change NA%
YTD Week Price % Change NA% YTD Week Rel. Price % Change NA%
MARKET MAKERS: NITE HRZG HILL KIRK MASH TSCO PGON FRAN
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MoVersus Technology, Inc. EQUITY, OFFICERS & ADDRESS Page 5 of 10
Common Stock $.01 Par, 3/98, 75M auth., 38,362,875 issd.
Insiders control 23%. 2 others own a total of 24%. 9/93,
Private Placement of 1M Com. @ $2.05 per shr. PO 2/89, 1M
Units (1 Common + Class A Warrant + 1 Warrant of Base Ten
Sys.) @ $5.50 by F.N. Wolf. (As of 10/97) LTD: $206K non-
interest bearing. *NOTE: 3/95, Co. delisted to Pink Sheets.
OFFICERS: Gary T. Gaisser, Pres./CEO, Henry J. Tenarvitz,
Exec. VP, Robert Butler, Contr./CAO, Andrea Beadle, Secy.
TRANSFER AGENT: NA. Company incorporated 1988 in DE.
Direct inquiries to: Robert Butler, Contr./CAO.
ADDRESS & PHONE NUMBERS
Versus Technology, Inc.
2600 Miller Creek Road
Traverse City, MI 49684
PHONE: (616) 946-5868
FAX: (616) 946-6775
Copyright (c) 1998, Market Guide Inc., All rights reserved (more)
MoVersus Technology, Inc. ANNUAL INCOME STATEMENT Page 6 of 10
(Thousands of U.S. Dollars)
12M 10/31/94 12M 10/31/95 12M 10/31/96 12M 10/31/97
Sales 3,200 989 348 1,524
Royalty Income 0 0 0 0
Total Revenue 3,200 989 348 1,524
Cost of Sales 1,928 500 225 1,191
R & D 500 957 432 440
Sell./Gen./Admin. 3,250 1,946 1,721 2,656
Restructuring 0 0 0 0
Patent Defense Costs 687 896 0 0
Total Expenses 6,365 4,299 2,378 4,287
Operating Income -3,165 -3,310 -2,030 -2,763
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MoVersus Technology, Inc. ANNUAL INCOME STATEMENT Page 7 of 10
(Thousands of U.S. Dollars)
12M 10/31/94 12M 10/31/95 12M 10/31/96 12M 10/31/97
Operating Income -3,165 -3,310 -2,030 -2,763
Other Income -11 813 73 158
Interest Expense 0 0 -49 -5
Income Before Taxes -3,176 -2,497 -2,006 -2,610
Income Taxes 0 0 0 0
Income After Taxes -3,176 -2,497 -2,006 -2,610
Minority Interest 0 0 0 0
Interest Adjust. 0 0 0 0
Pri/Bas EPS Ex. XOrd -0.763 -0.458 -0.092 -0.069
Extra. Item 0 0 0 0
Pri/Bas EPS In. XOrd -0.763 -0.458 -0.092 -0.069
Primary/Basic Avg Sh 4,160.06 5,450.43 21,860.08 37,737.28
Common Dividends/Shr 0.0000 0.0000 0.0000 0.0000
Copyright (c) 1998, Market Guide Inc., All rights reserved (more)
MoVersus Technology, Inc. SELECTED INCOME STATEMENT Page 8 of 10
(Thousands of U.S. Dollars)
QUARTERS YEAR TO DATE
3M 01/31/97 3M 01/31/98 3M 01/31/97 3M 01/31/98
Revenue 391 598 391 598
Operating Expenses 819 1,176 819 1,176
Operating Income -428 -578 -428 -578
Non-Operating Income 39 21 39 21
Non-Operating Expenses -5 0 -5 0
Income Before Taxes -394 -557 -394 -557
Income Taxes 0 0 0 0
Adjustments to Income 0 0 0 0
Inc. for Primary EPS -394 -557 -394 -557
Pri/Bas EPS Ex. XOrd -0.011 -0.015 -0.011 -0.015
Disc Opns + Xord Items 0 0 0 0
Pri/Bas EPS In. XOrd -0.011 -0.015 -0.011 -0.015
Primary/Basic Avg Sh 36,550.70 38,338.35 36,550.70 38,338.35
Dilutd EPS Excl XOrd -0.011 -0.015 -0.011 -0.015
Dilutd EPS Incl XOrd -0.011 -0.015 -0.011 -0.015
Common Dividends/Shr 0.000 0.000 0.000 0.000
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MoVersus Technology, Inc. SELECTED BALANCE SHEET Page 9 of 10
(Thousands of U.S. Dollars)
YEAR ENDING QUARTER ENDING
10/31/96 10/31/97 01/31/97 01/31/98
Cash & ST Investments 4,931 1,871 4,069 1,422
Receivables 154 431 323 275
Total Current Assets 5,342 2,601 4,614 1,944
LT Investments 0 0 0 0
Fixed Assets 270 283 301 275
Total Assets 8,787 7,175 9,539 6,409
Accounts Payable 748 308 965 88
ST Debt & Curr LTD 367 123 344 120
Total Current Liab. 1,266 946 1,399 745
LT Debt & Cap Leases 0 83 0 50
Total Liabilities 1,266 1,029 1,399 795
Preferred Stock 0 0 0 0
Common/Paid In Capital 32,276 33,457 33,258 33,555
Retained Earnings -24,532 -27,142 -24,926 -27,699
Total Equity 7,521 6,146 8,140 5,614
Shares Outstanding 36,544 38,272 38,544 38,363
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MoVersus Technology, Inc. SELECTED STMT OF CASH FLOWS Page 10 of 10
INDIRECT METHOD (Thousands of U.S. Dollars)
ANNUAL YEAR TO DATE
12M 10/31/96 12M 10/31/97 3M 01/31/97 3M 01/31/98
Net Income -2,006 -2,610 -394 -557
Depreciation & Amort. 32 477 85 143
Non Cash Items 96 -111 20 0
Total Operating CF -2,050 -2,482 -778 -405
Capital Expenditures -174 -102 -58 -10
Total Investing CF -210 -565 -61 -9
Dividends Paid 0 0 0 0
Sale (Purch.) of Stock 5,275 0 0 1
Net Borrowings -82 -13 -23 -36
Total Financing CF 5,193 -13 -23 -35
Exchange Rate Effect 0 0 0 0
Net Change In Cash 2,933 -3,060 -862 -449
Oper CF-Cap Exp-Div Pd -2,224 -2,584 -836 -415
Copyright (c) 1998, Market Guide Inc., All rights reserved
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