Financial Results

Revenue Analysis

MJNA Revenue Analisys

FINANCIALS

Fiscal year ends 12/31 | Values in 000s USD

2018MAR, 2019
2017DEC, 2018
2016SEP, 2018
2015JUN, 2018
Total Revenue
59,82520,227
26,522-
8,00316,827
9,21514,800
Cost of Revenue
19,4854,406
8,113-
3,3664,769
3,9106,238
Gross Profit
40,33915,821
18,409-
4,63712,057
5,3048,561
OPERATING EXPENSES
--
494-
564-
682-
Research and Development
-136
--
--
--
Sales, General and Admin
48,35714,160
10,097-
3,28410,566
4,79110,566
Non-Recurring Items
--
130,841-
--
--
Other
(1,715)150
482-
43431
(76,263)(141)
Operating Income
(8,017)1,524
(135,577)-
(4,399)601
(3,648)(2,005)
INCOME FROM CONTINUING OPERATIONS
(202,630)9,538
(142,198)-
(25,908)(22,379)
(103,254)(21,072)
Additional Income / Expense Items
Earnings Before Interest and Taxes
(8,017)1,524
(135,577)-
(4,399)601
(3,648)(2,005)
Interest Expense
(1,823)(249)
(7,018)-
(11,113)(299)
(3,048)(231)
Earnings Before Tax
(202,630)9,538
(142,198)-
(25,908)(22,379)
(103,254)(21,072)
Income Tax
--
--
--
--
Minority Interest
--
--
--
--
Equity Earnings Unconsolidated Subsidiary
--
--
--
--
Net Income Cont. Operations
(202,630)9,538
(142,198)-
(25,908)(22,379)
(103,254)(21,072)
NON-RECURRING EVENTS
Discontinued Operations
--
(5,906)-
--
--
Extraordinary Operations
--
--
--
129,225-
Effect of Accounting Changes
--
--
--
-
Other Items
--
--
--
-
Key Financial Ratios
Earnings Per Share
Price/Earnings
Gross Margin
Operating Margin
Net Income
(202,630)9,538
(148,104)-
(25,908)(22,379)
25,970(21,072)
Preferred Stock and Other Adjustments
-
-
-
-
Net Income Applicable to Common Shareholders
(202,630)9,538
(148,104)-
(25,908)(22,379)
25,970(21,072)
2018MAR, 2019
2017DEC, 2018
2016SEP, 2018
2015JUN, 2018
ASSETS
Current Assets
Cash and Cash Equivalents
4,2903,659
2,2944,290
1,1093,274
2403,035
Short Term Investments
--
--
--
2,000-
Net Receivables
9,6406,857
7,2159,640
1,9255,020
6,4045,143
Inventory
4,4775,659
3,8554,477
3,4104,347
4,7102,768
Other Current Assets
2,9093,538
472,909
2552,235
1581,042
Total Current Assets
21,31719,715
13,41321,317
6,70114,878
13,51311,989
Long Term Investments
25,34033,776
215,35925,340
385,92642,157
198,84964,153
Property Plant and Equipment
6341,098
398634
925540
1,457390
Goodwill
45,36745,367
45,36645,367
-45,374
-45,367
Intangible Assets
--
--
--
--
Accumulated Amortization
--
--
--
--
Other Assets
3004,348
400300
0100
2,361200
Deferred Long Term Asset Charges
--
--
--
--
TOTAL ASSETS
92,960104,306
274,93792,960
393,553103,050
216,181122,101
Liabilities
Current Liabilities
Accounts Payable
4,4875,186
7084,487
1,0203,959
1,3512,130
Short Term and Current Long Term Debt
--
1,410-
1,171-
2,020-
Other Current Liabilities
-1,412
--
--
--
Total Current Liabilities
7,4798,362
2,1187,479
2,1923,966
3,3712,136
Long Term Debt
16,95815,106
13,43116,958
10,5569,316
11,65210,021
Other Liabilities
--
--
--
--
Deferred Long Term Liability Charges
--
--
--
--
Minority Interest
--
--
--
--
Negative Goodwill
--
--
--
--
Total Liabilities
24,43823,468
15,55024,438
12,74813,283
15,02412,157
STOCKHOLDERS' EQUITY
Misc. Stock Options Warrants
--
--
--
--
Redeemable Preferred Stock
--
--
--
--
Preferred Stock
-10
--
--
--
Common Stock
35,58236,240
3,27035,582
3,12534,648
2,86834,442
Retained Earnings
(123,377)(113,949)
(125,222)(123,377)
22,979(98,869)
50,756(76,476)
Treasury Stock
--
--
--
--
Capital Surplus
156,316158,537
176,764156,316
162,856153,944
152,970151,945
Other Stockholder Equity
--
204,574-
191,84344
(5,437)32
Total Stockholder Equity
68,52180,837
259,38668,521
380,80489,767
201,157109,943
Net Tangible Assets
(90,734)(90,734)
(90,733)(90,734)
(0)(90,748)
(0)(90,734)
2018MAR, 2019
2017DEC, 2018
2016SEP, 2018
2015JUN, 2018
Net Income
OPERATING ACTIVITIES
Depreciation
124(40)
--
-(44)
-4
Adjustments to Net Income
3,270(274)
(412)-
1,985(149)
(749)2,851
Changes in Liabilities
10,9661,010
(12,693)-
5,8413,659
(23,144)(160)
Changes in Accounts Receivables
(286)(916)
--
-(891)
-(165)
Changes in Inventories
(1,140)(1,596)
--
-(1,579)
-(815)
Changes in Other Operating Activities
(6,121)(3,387)
(660)-
2,625(3,379)
(399)(1,335)
Total Cash Flow From Operating Activities
(198,561)6,775
(155,080)-
(19,613)(24,413)
13,384(19,587)
INVESTING ACTIVITIES
Capital Expenditures
(315)(422)
--
531(149)
468-
Investments
189,925(8,998)
--
-21,996
-18,704
Other Cash Flows From Investing Activities
6,587(1,602)
125,294-
(184,715)(604)
(45,947)(2,246)
Total Cash Flow From Investing Activities
196,197(11,023)
125,294-
(184,183)21,241
(45,479)16,458
FINANCING ACTIVITIES
Dividends Paid
--
--
--
--
Sale/Purchase of Stock
5,3004,093
14,132-
8,1072,202
35,5432,504
Net Borrowings
(940)(476)
4,206-
(737)1,014
1,481255
Other Cash Flows From Financing Activities
--
12,645-
197,296-
(5,367)-
Total Cash Flow From Financing Activities
4,3603,616
30,984-
204,6663,217
31,6572,760
Effect of Exchange Rate Changes
--
--
--
--
Change in Cash and Cash Equivalents
1,996(631)
1,198-
86845
(437)(368)