Magicjack Vocaltec LTD (CALL) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
12 BENNY GAON STREET, BUILDING 2B NETANYA, 42504 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4813 - Telephone Communications, Except Radiotelephone (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 53,007 | 52,841 | 78,956 | 76,312 | 54,779 | 38,349 | |||
| Cash and cash equivalents | 52,638 | 52,394 | 78,589 | 75,945 | 45,997 | 18,959 | |||
| Short-term investments | 369 | 447 | 367 | 367 | 8,782 | 19,390 | |||
| Receivables | 2,428 | 3,171 | 2,925 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 1,880 | 4,441 | 5,723 | 5,635 | 4,490 | 5,340 | |||
| Inventory | 1,880 | 4,441 | 5,723 | 5,635 | 4,490 | 5,340 | |||
| Prepaid expense | 2,016 | 527 | 2,747 | 12,513 | 11,956 | ✕ | |||
| Deferred costs | 1,936 | 2,319 | 2,097 | 2,765 | 4,662 | 7,066 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,411 | ||
| Deferred tax assets | 13,341 | 11,267 | 1,114 | ||||||
| Other current assets | 1,874 | 1,970 | 2,655 | 1,170 | 818 | ✕ | |||
| Other undisclosed current assets | 2,000 | 3,903 | 3,626 | 6,004 | |||||
| Total current assets: | 63,141 | 67,269 | 95,103 | 115,639 | 91,598 | 59,284 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,772 | 3,805 | 3,302 | 3,564 | 1,959 | 2,348 | |||
| Intangible assets, net (including goodwill), including: | 10,190 | 28,854 | 38,991 | 41,777 | 47,960 | 48,440 | |||
| Goodwill | 32,304 | 47,185 | 32,304 | 32,304 | 32,304 | 32,304 | |||
| Intangible assets, net (excluding goodwill) | 10,190 | 28,854 | 6,687 | 9,473 | 15,656 | 16,136 | |||
| Other undisclosed intangible assets, net (including goodwill) | (32,304) | (47,185) | ✕ | ✕ | |||||
| Other noncurrent assets | 909 | 836 | 751 | 743 | 693 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 864 | ||
| Deferred tax assets, net | 31,726 | 26,568 | 30,689 | 32,510 | 29,684 | 9,831 | |||
| Other undisclosed noncurrent assets | 32,304 | 47,185 | |||||||
| Total noncurrent assets: | 77,901 | 107,248 | 73,733 | 78,594 | 80,296 | 61,483 | |||
| TOTAL ASSETS: | 141,042 | 174,517 | 168,836 | 194,233 | 171,894 | 120,767 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,653 | 12,743 | 7,370 | 20,482 | 13,473 | 17,220 | |||
| Taxes payable | 1,527 | 9,197 | |||||||
| Accounts payable | 3,199 | 2,790 | 1,086 | 2,879 | 4,237 | 3,651 | |||
| Accrued liabilities | 6,454 | 8,426 | 6,284 | 8,406 | 9,236 | 13,569 | |||
| Derivative instruments and hedges, liabilities | 2,200 | ||||||||
| Liability for uncertainty in income taxes | 7,500 | ||||||||
| Deferred revenue and credits | ✕ | 42,243 | 48,507 | 52,554 | 56,445 | 54,541 | 67,038 | ||
| Other undisclosed current liabilities | (7,500) | (2,200) | |||||||
| Total current liabilities: | 51,896 | 61,250 | 59,924 | 76,927 | 68,014 | 84,258 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 52,584 | 55,067 | 61,244 | 79,320 | 66,438 | 61,279 | |||
| Deferred revenue and credits | ✕ | 38,797 | 44,201 | 50,146 | 54,782 | 59,951 | 58,165 | ||
| Liability for uncertainty in income taxes | 11,100 | ||||||||
| Other liabilities | 13,787 | 10,866 | 11,098 | 13,438 | 6,487 | 3,114 | |||
| Other undisclosed noncurrent liabilities | (11,100) | ||||||||
| Total noncurrent liabilities: | 52,584 | 55,067 | 61,244 | 68,220 | 66,438 | 61,279 | |||
| Total liabilities: | 104,480 | 116,317 | 121,168 | 145,147 | 134,452 | 145,537 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 36,562 | 58,200 | 47,668 | 49,086 | 37,442 | (24,770) | |||
| Common stock | 112,038 | 111,783 | 111,773 | 111,771 | 111,744 | 108,048 | |||
| Treasury stock, value | (118,146) | (120,300) | (126,772) | (107,683) | (108,151) | (93,541) | |||
| Additional paid in capital | 13,848 | 13,567 | 14,573 | 10,414 | 3,692 | 1,729 | |||
| Accumulated other comprehensive loss | (642) | (1,494) | |||||||
| Retained earnings (accumulated deficit) | 28,822 | 53,785 | 48,094 | 34,584 | 30,799 | (39,512) | |||
| Other undisclosed equity, attributable to parent | (635) | ||||||||
| Other undisclosed equity | 635 | ||||||||
| Total equity: | 36,562 | 58,835 | 47,668 | 49,086 | 37,442 | (24,770) | |||
| Other undisclosed liabilities and equity | (635) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 141,042 | 174,517 | 168,836 | 194,233 | 171,894 | 120,767 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 87,993 | 97,398 | 100,962 | 116,322 | 143,492 | 158,362 | ||
| Revenue, net | ✕ | 12,260 | 13,786 | 16,716 | ||||
| Cost of revenue | (32,938) | (36,734) | (34,142) | (42,541) | (49,094) | (61,325) | ||
| Cost of goods and services sold | (3,370) | (4,099) | (3,999) | (4,500) | (5,200) | (9,200) | ||
| Gross profit: | 55,055 | 60,664 | 66,820 | 73,781 | 94,398 | 97,037 | ||
| Operating expenses | (83,236) | (46,909) | (41,477) | (60,217) | (46,952) | (53,472) | ||
| Operating income (loss): | (28,181) | 13,755 | 25,343 | 13,564 | 47,446 | 43,565 | ||
| Nonoperating income (expense) | 89 | 20 | (31) | (34) | (298) | 3,325 | ||
| Investment income, nonoperating | 123 | 26 | 26 | 117 | (729) | 4,433 | ||
| Other nonoperating income (expense) | (34) | (6) | 4 | 16 | 41 | |||
| Interest and debt expense | (57) | (192) | (307) | (411) | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 57 | 192 | 307 | 411 | ||||
| Income (loss) from continuing operations before income taxes: | (28,092) | 13,775 | 25,312 | 13,530 | 47,148 | 46,890 | ||
| Income tax expense (benefit) | 3,129 | (8,719) | (11,802) | (9,745) | 23,163 | 8,961 | ||
| Income (loss) from continuing operations: | (24,963) | 5,056 | 13,510 | 3,785 | 70,311 | 55,851 | ||
| Income (loss) before gain (loss) on sale of properties: | (24,963) | 5,056 | 13,510 | 3,785 | 70,311 | 55,851 | ||
| Net income (loss): | (24,963) | 5,056 | 13,510 | 3,785 | 70,311 | 55,851 | ||
| Net income attributable to noncontrolling interest | 635 | |||||||
| Net income (loss) available to common stockholders, basic: | (24,963) | 5,691 | 13,510 | 3,785 | 70,311 | 55,851 | ||
| Other undisclosed net loss available to common stockholders, diluted | (1,301) | |||||||
| Net income (loss) available to common stockholders, diluted: | (24,963) | 5,691 | 13,510 | 3,785 | 70,311 | 54,550 | ||
Comprehensive Income ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (24,963) | 5,056 | 13,510 | 3,785 | 70,311 | 55,851 | ||
| Comprehensive income (loss): | (24,963) | 5,056 | 13,510 | 3,785 | 70,311 | 55,851 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (635) | 635 | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 642 | 852 | (711) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (25,598) | 5,691 | 13,510 | 4,427 | 71,163 | 55,140 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.