IMRIS Inc.

IMRSQ · OTC
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12/31/2014
12/31/2013
12/31/2012
12/31/2011
Revenue$28,891$46,042$52,392$51,797
% Growth-37.3%-12.1%1.1%
Cost of Goods Sold$18,959$30,369$34,594$34,123
Gross Profit$9,932$15,673$17,798$17,674
% Margin34.4%34%34%34.1%
R&D Expenses$6,764$17,823$14,556$9,013
G&A Expenses$7,130$12,326$8,224$16,483
SG&A Expenses$14,259$22,312$18,057$25,710
Sales & Mktg Exp.$7,129$9,986$9,833$9,227
Other Operating Expenses$12,049$14,843$12,709$3,517
Operating Expenses$33,072$54,978$45,322$38,240
Operating Income-$23,140-$39,305-$27,524-$20,566
% Margin-80.1%-85.4%-52.5%-39.7%
Other Income/Exp. Net-$7,005-$2,551-$146-$725
Pre-Tax Income-$30,145-$41,856-$27,670-$21,291
Tax Expense$242$144$86-$366
Net Income-$30,387-$42,000-$27,756-$20,925
% Margin-105.2%-91.2%-53%-40.4%
EPS-0.58-0.83-0.61-0.47
% Growth30.1%-36.1%-29.8%
EPS Diluted-0.58-0.83-0.61-0.47
Weighted Avg Shares Out52,43350,71545,77844,521
Weighted Avg Shares Out Dil52,43350,71545,77844,521
Supplemental Information
Interest Income$0$0$0$33
Interest Expense$4,577$1,223$40$0
Depreciation & Amortization$2,836$3,486$4,097$3,517
EBITDA-$22,732-$37,147-$23,533-$17,042
% Margin-78.7%-80.7%-44.9%-32.9%