LITB FY 2010 Earnings Report — LightInTheBox Holding Co., Ltd. Revenue & Financial Results | Market Cap Arena

LightInTheBox Holding Co., Ltd.LITB

FY 2010 Earnings

Reported December 30, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$59M	—	—	—	—
Op. Income	-$21M	—	—	—	—
Gross Margin	29.2%	—	—	—	—
Net Margin	-37.4%	—	—	—	—
EPS (Diluted)	$-0.90	—	—	—	—
Free Cash Flow	-$21M	—	—	—	—

Income Statement

Item	Amount
REVENUE	$59M
Cost of Revenue	$42M
GROSS PROFIT	$17M
R&D Expenses	$0
Selling & Marketing	$23M
General & Administrative	$16M
SG&A Expenses	$38M
Other Expenses	$0
Operating Expenses	$38M
Cost & Expenses	$80M
OPERATING INCOME	-$21M
Interest Income	$13.0K
Interest Expense	$0
Other Income/Expenses	$13.0K
INCOME BEFORE TAX	-$21M
Income Tax Expense	$579.0K
Net Income from Continuing Ops	-$22M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$22M
Net Income Deductions	$971
BOTTOM LINE NET INCOME	-$23M
D&A	$401.0K
EBIT	-$21M
EBITDA	-$21M
EPS	-$1
EPS Diluted	-$1

Cash Flow Statement

Item	Amount
Net Income	-$22M
Depreciation & Amortization	$401.0K
Stock-Based Compensation	$1M
Deferred Income Tax	-$1M
Other Non-Cash Items	$1M
Change in Working Capital	-$33.0K
OPERATING CASH FLOW	-$20M
Capital Expenditure	-$892.0K
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$5M
Other Investing Activities	-$424.0K
NET CASH FROM INVESTING	$2M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$35M
FREE CASH FLOW	-$21M
Net Change in Cash	$17M