To: Matthew J. Landi who wrote (1160 ) 6/9/1998 6:04:00 PM From: Robert Respond to of 2595
A little info from the guys over at Alertline Araldica (AWLT) Comparison As a reminder when looking at this data, keep in mind Araldica projects sales for 1998 of $29 million after all the acquisitions, with earnings of roughly .12 per share on 19 million shares. Based upon this comparison, simply looking at market capitalization $1 per share does not seem close to being "overvalued" for AWLT. Geerlings & Wade, Inc. SYMBOL: GEER EXCHANGE: NASD PRICING DATA (AS OF) 05/29/98 RATIOS & STATISTICS Price 4.94 Price/Revenue (TTM) 0.56* 52 Week High 6.44 P/E (TTM) 20.41* 52 Week Low 3.56 Price/Book (MRQ) 1.80 Beta 0.90 Price/Cash Flow (TTM) 13.72 Avg Daily Vol (10 Day) 0.01 Mil ROA (TTM) 6.50%* Avg Daily Vol (3 Month) 0.02 Mil ROE (TTM) 9.31%* Current Ratio (MRQ) 2.72 DIVIDEND INFORMATION Total Debt/Equity (MRQ) 0.10 Indicated Annual ($) 0.00 Yield 0.00% NOTE: TTM = trailing twelve months MRQ = most recent quarter SHARE RELATED INFORMATION SHORT INTEREST INFORMATION Market Cap. ($) 18.690 Mil Current Month 0.100 Mil Shares Out. 3.785 Mil Previous Month 0.100 Mil Float 2.000 Mil Short Interest Ratio 8.3 Day INSTITUTIONAL & INSIDER OWNERSHIP PURCHASES SALES NET PURCH %OWNED Institutions (3 Months) 0.109 Mil 0.003 Mil 0.106 Mil 6.8% Insiders (6 Months) 0.000 Mil 0.040 Mil -0.040 Mil 47.2% BUSINESS SUMMARY GEER is a direct marketer of premium imported and domestic wines, and wine-related merchandise to individual consumers in the United States. For the FY ended 12/31/97, sales rose 7% to $33.7M. Net income totalled $823K, vs. a loss of $218K. Revenues reflect higher sales from catalogs and an increase in the number of cases sold. Net income also benefited from lower net delivery costs per case, favorable currency exchange rates and reduced borrowings. *PRELIMINARY: For the 3 months ended 03/31/98, revenues were 7,391; after tax earnings were 84. (expressed in Thousands) REVENUES (Thousands of U.S. Dollars) QUARTERS 1995 1996 1997 1998 MAR 6,660 7,670 7,120 7,391* JUN 7,233 7,190 8,402 SEP 6,978 7,171 7,258 DEC 8,847 9,470 10,922 TOTAL 29,718 31,501 33,702 EARNINGS PER SHARE MAR 0.100 -0.030 0.000 0.020* JUN 0.070 -0.030 0.070 SEP -0.060 -0.010 0.030 DEC -0.298 0.020 0.120 TOTAL -0.188 -0.050 0.220 All financials prior to IPO are pro forma. 12/96 B/S is reclassified. GROWTH RATES 1 YEAR 3 YEAR 5 YEAR Revenue 6.99% 18.43% 39.28% EPS NM% -13.52% 27.38% Dividend NM% NM% NM% Copyright 1998, Market Guide, Inc. All rights reserved.