IDEAL FINANCIAL SOLUTIONS INC

EDGAR

6 filing records in this dataset, filed from 2010-11-15 to 2011-11-22. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

3.3 million USD

2011-09-30 · USD

Exact inputs and evidence

Operating margin

52.18%

2011 Q3 · %

Exact inputs and evidence
  • Operating Income: 1720307 USD Source
  • Revenue: 3297149 USD Source

Operating cash flow

521 thousand USD

2011-09-30 · USD

Exact inputs and evidence
  • Operating Cash Flow: 539219 USD Source
  • Operating Cash Flow: 17924 USD Source

Free cash flow

513 thousand USD

2011-09-30 · USD

Exact inputs and evidence
  • Operating Cash Flow: 539219 USD Source
  • Operating Cash Flow: 17924 USD Source
  • Capital Expenditure: 10646 USD Source
  • Capital Expenditure: 1875 USD Source
Cash and cash equivalents
588 thousand USD Source
Exact value

588303 USD

Long-term debt including current maturities
Not available
Shares outstanding
22.9 million shares Source
Exact value

22899317 shares

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2011-11-22.

Financial data available through: 2010-12-31.

Coverage by financial measure
  • Revenue: 2 of 11 periods available· newest 2010-12-31
  • Operating income: 2 of 11 periods available· newest 2010-12-31
  • Net income: 2 of 11 periods available· newest 2010-12-31
  • Operating cash flow: 2 of 11 periods available· newest 2010-12-31
  • Capital expenditure: 2 of 11 periods available· newest 2010-12-31
  • Total assets: 2 of 11 periods available· newest 2010-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 2 of 11 periods available· newest 2010-12-31
  • Current liabilities: 2 of 11 periods available· newest 2010-12-31
  • Cash and cash equivalents: 2 of 11 periods available· newest 2010-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 1 of 11 periods available· newest 2010-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -0.7%

    Prior period

    USD 7.1 million

    –

    Current period

    USD 7.05 million

    –

    Exact inputs and evidence

    7048583 − 7096052 = -47469 USD

    7096052 USD · 2009-01-01 – 2009-12-31

    Inspect prior input Prior source

    7048583 USD · 2010-01-01 – 2010-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    -237.6%

    Prior period

    USD 680,921

    –

    Current period

    −USD 936,685

    –

    Exact inputs and evidence

    -936685 − 680921 = -1617606 USD

    680921 USD · 2009-01-01 – 2009-12-31

    Inspect prior input Prior source

    -936685 USD · 2010-01-01 – 2010-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    -133.8%

    Prior period

    USD 736,465

    –

    Current period

    −USD 248,841

    –

    Exact inputs and evidence

    -248841 − 736465 = -985306 USD

    736465 USD · 2009-01-01 – 2009-12-31

    Inspect prior input Prior source

    -248841 USD · 2010-01-01 – 2010-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Capital expenditure

    -81.5%

    Prior period

    USD 105,250

    –

    Current period

    USD 19,436

    –

    Exact inputs and evidence

    19436 − 105250 = -85814 USD

    105250 USD · 2009-01-01 – 2009-12-31

    Inspect prior input Prior source

    19436 USD · 2010-01-01 – 2010-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2010 2010-01-01 – 2010-12-31

  • Revenue USD 7.05 million 100% of revenue
  • Operating costs Derived USD 7.98 million 113% of revenue
  • Operating income −USD 935,836 −13% of revenue
  • Tax, interest and other Derived USD 849 0% of revenue
  • Net income −USD 936,685 −13% of revenue

Cash

  • Operating cash flow −USD 248,841 −3.5% of revenue
  • Capital expenditure USD 19,436 0.3% of revenue
  • Free cash flow Derived −USD 268,277 −3.8% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2009 9.6%90%
  • 2010 Operating loss: operating costs were 113% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2009 2009-01-01 – 2009-12-317096052 6380290 Derived 715762 34841 Derived 680921 631215 Derived
Source
2010 2010-01-01 – 2010-12-317048583 7984419 Derived -935836 849 Derived -936685 -268277 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 7M 2010
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.7M5.7M3.8M1.9M0.020092010
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2009Revenue7096052
2010Revenue7048583

Revenue growth

Change in revenue from the same financial period one year earlier.

-0.7% 2010
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.05%-0.14%-0.33%-0.53%-0.72%20092010
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2009Year over yearNo prior comparable period
2010Year over year-0.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -13.3% 2010
Net margin -13.3% 2010
Free cash flow margin -3.8% 2010
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.0%5.2%-1.6%-8.4%-15.2%20092010
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2009Operating margin10.1%
2010Operating margin-13.3%
2009Net margin9.6%
2010Net margin-13.3%
2009Free cash flow margin8.9%
2010Free cash flow margin-3.8%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -248.8K 2010
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.815.3K529.6K243.8K-41.9K-327.7K20092010
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2009Operating cash flow736465
2010Operating cash flow-248841

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -268.3K 2010
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.703.2K442.3K181.5K-79.4K-340.2K20092010
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2009Free cash flow631215
2010Free cash flow-268277

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2009-12-31Liabilities / assetsNot reported
2010-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

0.18× 2010
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.43×0.32×0.21×0.11×0.00×20092010
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2009Current assets / current liabilities0.4×
2010Current assets / current liabilities0.18×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2009 2009-01-01 – 2009-12-31
USD 680,921
Exact value

Exact value: 680921 USD

2009-01-01 – 2009-12-31: 680921 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 736,465
Exact value

Exact value: 736465 USD

2009-01-01 – 2009-12-31: 736465 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 105,250
Exact value

Exact value: 105250 USD

2009-01-01 – 2009-12-31: 105250 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 631,215
Calculation and evidence

736465 − 105250 USD

Exact free cash flow: 631215 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2010 2010-01-01 – 2010-12-31
−USD 936,685
Exact value

Exact value: -936685 USD

2010-01-01 – 2010-12-31: -936685 USD Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 248,841
Exact value

Exact value: -248841 USD

2010-01-01 – 2010-12-31: -248841 USD Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

USD 19,436
Exact value

Exact value: 19436 USD

2010-01-01 – 2010-12-31: 19436 USD Inspect Capital Expenditure Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−USD 268,277
Calculation and evidence

-248841 − 19436 USD

Exact free cash flow: -268277 USD

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

6 filings · 156 latest values · 156 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001302849, 1302849, edgar:1302849

Also known as IDEAL FINANCIAL SOLUTIONS INC, Ideal Financial Solutions Inc