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Steel Connect, Inc. (STCN)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJul-31-22Jul-31-21Jul-31-20Jul-31-19Jul-31-18Jul-31-17Jul-31-16Jul-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Direct Marketing    444.4486.9299.4   
    Supply Chain    338.5332.9345.9   
    Other  56.268.8132.067.9    
    Other  147.1157.4      
Total revenues  203.3226.3782.8819.8645.3436.6459.0561.7
            Revenue growth   [+]-10.2%-71.1%-4.5%27.1%47.8%-4.9%-18.3%-22.4%
Cost of goods sold  161.7178.6619.9670.1544.0400.3434.3507.2
Gross profit  41.547.7163.0149.7101.336.424.854.5
            Gross margin  20.4%21.1%20.8%18.3%15.7%8.3%5.4%9.7%
Selling, general and administrative  40.449.3103.3144.1102.054.257.659.7
Research and development          
Equity in earnings     0.0-0.8-1.3-0.8 
Other operating expenses         0.7
EBITDA   [+]3.41.882.827.715.3-10.9-25.53.5
            EBITDA margin  1.7%0.8%10.6%3.4%2.4%-2.5%-5.6%0.6%
Depreciation  2.23.423.122.116.88.28.18.7
EBITA  1.2-1.659.75.6-1.5-19.1-33.6-5.2
            EBITA margin  0.6%-0.7%7.6%0.7%-0.2%-4.4%-7.3%-0.9%
Amortization of intangibles    27.330.420.3  0.7
EBIT   [+]1.2-1.632.4-24.8-21.8-19.1-33.6-5.8
            EBIT margin  0.6%-0.7%4.1%-3.0%-3.4%-4.4%-7.3%-1.0%
Non-recurring items   [+]   0.5-12.72.07.78.5
Interest expense, net   [+]3.12.633.941.429.27.810.39.7
Other income (expense), net   [+]4.01.22.14.63.04.5-5.07.7
Pre-tax income  2.1-3.00.6-62.1-35.3-24.4-56.6-16.4
Income taxes  11.48.85.94.7-71.22.75.42.3
            Tax rate  534.1% 934.8% 201.8%   
Earnings from continuing ops  -13.1-46.5-7.4-68.935.4-25.8-61.3-18.4
Earnings from discontinued ops  0.00.0      
Net income  -13.1-46.5-7.4-68.935.4-25.8-61.3-18.4
            Net margin  -6.4%-20.6%-0.9%-8.4%5.5%-5.9%-13.4%-3.3%
   
Basic EPS   [+]($0.22)($0.75)($0.12)($1.13)$0.60($0.47)($1.18)($0.35)
Diluted EPS   [+]($0.22)($0.75)($0.12)($1.13)$0.43($0.47)($1.18)($0.35)
   
   
Shares outstanding (basic)   [+]60.062.161.661.259.255.151.951.9
Shares outstanding (diluted)   [+]60.062.161.661.281.955.151.951.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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