CLEAR CHOICE FINANCIAL, INC.

EDGAR

7 filing records in this dataset, filed from 2005-06-09 to 2006-11-22. Explore the available filing history and original sources.

Watchlist

Latest quarter

Revenue

1.89 million USD

2006-09-30 · USD

Exact inputs and evidence

Operating margin

-175.86%

2006-09-30 · %

Exact inputs and evidence
  • Operating Income: -3328395 USD Source
  • Revenue: 1892619 USD Source

Operating cash flow

-2.21 million USD

2006-09-30 · USD

Exact inputs and evidence
  • Operating Cash Flow: -2208721 USD Source

Free cash flow

-2.24 million USD

2006-09-30 · USD

Exact inputs and evidence
  • Operating Cash Flow: -2208721 USD Source
  • Capital Expenditure: 34484 USD Source
Cash and cash equivalents
1.29 million USD Source
Exact value

1291586 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

2.85 million USD

2005-10-01 – 2006-09-30

Exact inputs and evidence
  • Revenue: 107449 USD · 2005-10-01 – 2005-12-31 Source
  • Revenue: 84996 USD · 2006-01-01 – 2006-03-31 Source
  • Revenue: 1071558 USD · 2005-07-01 – 2006-06-30 Source
  • Revenue: 303774 USD · 2005-07-01 – 2006-03-31 Source
  • Revenue: 1892619 USD · 2006-07-01 – 2006-09-30 Source

Net income

-6.47 million USD

2005-10-01 – 2006-09-30

Exact inputs and evidence
  • Net income: -503174 USD · 2005-10-01 – 2005-12-31 Source
  • Net income: -544621 USD · 2006-01-01 – 2006-03-31 Source
  • Net income: -3590551 USD · 2005-07-01 – 2006-06-30 Source
  • Net income: -1592331 USD · 2005-07-01 – 2006-03-31 Source
  • Net income: -3428588 USD · 2006-07-01 – 2006-09-30 Source

Operating cash flow

-9.27 million USD

2005-10-01 – 2006-09-30

Exact inputs and evidence
  • Operating cash flow: -1374420 USD · 2005-07-01 – 2005-12-31 Source
  • Operating cash flow: -654746 USD · 2005-07-01 – 2005-09-30 Source
  • Operating cash flow: -2047528 USD · 2005-07-01 – 2006-03-31 Source
  • Operating cash flow: -1374420 USD · 2005-07-01 – 2005-12-31 Source
  • Operating cash flow: -7711996 USD · 2005-07-01 – 2006-06-30 Source
  • Operating cash flow: -2047528 USD · 2005-07-01 – 2006-03-31 Source
  • Operating cash flow: -2208721 USD · 2006-07-01 – 2006-09-30 Source

Capital expenditure

123 thousand USD

2005-10-01 – 2006-09-30

Exact inputs and evidence
  • Capital expenditure: 1775 USD · 2005-07-01 – 2005-12-31 Source
  • Capital expenditure: 560 USD · 2005-07-01 – 2005-09-30 Source
  • Capital expenditure: 12570 USD · 2005-07-01 – 2006-03-31 Source
  • Capital expenditure: 1775 USD · 2005-07-01 – 2005-12-31 Source
  • Capital expenditure: 89110 USD · 2005-07-01 – 2006-06-30 Source
  • Capital expenditure: 12570 USD · 2005-07-01 – 2006-03-31 Source
  • Capital expenditure: 34484 USD · 2006-07-01 – 2006-09-30 Source

Free cash flow

-9.39 million USD

2005-10-01 – 2006-09-30

Exact inputs and evidence
  • Operating cash flow: -1374420 USD · 2005-07-01 – 2005-12-31 Source
  • Operating cash flow: -654746 USD · 2005-07-01 – 2005-09-30 Source
  • Operating cash flow: -2047528 USD · 2005-07-01 – 2006-03-31 Source
  • Operating cash flow: -1374420 USD · 2005-07-01 – 2005-12-31 Source
  • Operating cash flow: -7711996 USD · 2005-07-01 – 2006-06-30 Source
  • Operating cash flow: -2047528 USD · 2005-07-01 – 2006-03-31 Source
  • Operating cash flow: -2208721 USD · 2006-07-01 – 2006-09-30 Source
  • Capital expenditure: 1775 USD · 2005-07-01 – 2005-12-31 Source
  • Capital expenditure: 560 USD · 2005-07-01 – 2005-09-30 Source
  • Capital expenditure: 12570 USD · 2005-07-01 – 2006-03-31 Source
  • Capital expenditure: 1775 USD · 2005-07-01 – 2005-12-31 Source
  • Capital expenditure: 89110 USD · 2005-07-01 – 2006-06-30 Source
  • Capital expenditure: 12570 USD · 2005-07-01 – 2006-03-31 Source
  • Capital expenditure: 34484 USD · 2006-07-01 – 2006-09-30 Source

Company performance

Up to ten complete financial years · consolidated figures

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

Latest filing recorded: 2006-11-22.

Financial data available through: 2006-06-30.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2006-06-30
  • Operating income: 3 of 11 periods available· newest 2006-06-30
  • Net income: 3 of 11 periods available· newest 2006-06-30
  • Operating cash flow: 3 of 11 periods available· newest 2006-06-30
  • Capital expenditure: 3 of 11 periods available· newest 2006-06-30
  • Total assets: 3 of 11 periods available· newest 2006-06-30
  • Total liabilities: 3 of 11 periods available· newest 2006-06-30
  • Current assets: 2 of 11 periods available· newest 2005-06-30
  • Current liabilities: 2 of 11 periods available· newest 2005-06-30
  • Cash and cash equivalents: 3 of 11 periods available· newest 2006-06-30
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

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

    +199.7%

    Prior period

    USD 357,546

    –

    Current period

    USD 1.07 million

    –

    Exact inputs and evidence

    1071558 − 357546 = 714012 USD

    357546 USD · 2004-07-01 – 2005-06-30

    Inspect prior input Prior source

    1071558 USD · 2005-07-01 – 2006-06-30

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  • Net income

    −USD 1.75 million

    Prior period

    −USD 1.84 million

    –

    Current period

    −USD 3.59 million

    –

    Exact inputs and evidence

    -3590551 − -1839628 = -1750923 USD

    -1839628 USD · 2004-07-01 – 2005-06-30

    Inspect prior input Prior source

    -3590551 USD · 2005-07-01 – 2006-06-30

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  • Operating cash flow

    −USD 5.96 million

    Prior period

    −USD 1.75 million

    –

    Current period

    −USD 7.71 million

    –

    Exact inputs and evidence

    -7711996 − -1754975 = -5957021 USD

    -1754975 USD · 2004-07-01 – 2005-06-30

    Inspect prior input Prior source

    -7711996 USD · 2005-07-01 – 2006-06-30

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  • Capital expenditure

    +276.7%

    Prior period

    USD 23,657

    –

    Current period

    USD 89,110

    –

    Exact inputs and evidence

    89110 − 23657 = 65453 USD

    23657 USD · 2004-07-01 – 2005-06-30

    Inspect prior input Prior source

    89110 USD · 2005-07-01 – 2006-06-30

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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.

2006 2005-07-01 – 2006-06-30

  • Revenue USD 1.07 million 100% of revenue
  • Operating costs Derived USD 4.55 million 425% of revenue
  • Operating income −USD 3.48 million −325% of revenue
  • Tax, interest and other Derived USD 110,888 10% of revenue
  • Net income −USD 3.59 million −335% of revenue

Cash

  • Operating cash flow −USD 7.71 million −720% of revenue
  • Capital expenditure USD 89,110 8.3% of revenue
  • Free cash flow Derived −USD 7.8 million −728% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2004 Operating loss: operating costs were 161% of revenue.
  • 2005 Operating loss: operating costs were 633% of revenue.
  • 2006 Operating loss: operating costs were 425% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2004 2003-07-01 – 2004-06-30705179 1133909 Derived -428730 -118661 Derived -310069 -351355 Derived
Source
2005 2004-07-01 – 2005-06-30357546 2261977 Derived -1904431 -64803 Derived -1839628 -1778632 Derived
Source
2006 2005-07-01 – 2006-06-301071558 4551221 Derived -3479663 110888 Derived -3590551 -7801106 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 1.1M 2006
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.1.2M868.0K578.6K289.3K0.0200420052006
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2004Revenue705179
2005Revenue357546
2006Revenue1071558

Revenue growth

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

199.7% 2006
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.220%147%75%3%-69%200420052006
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2004Year over yearNo prior comparable period
2005Year over year-49.3%
2006Year over year199.7%

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 -324.7% 2006
Net margin -335.1% 2006
Free cash flow margin -728% 2006
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.58%-153%-364%-575%-786%200420052006
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2004Operating margin-60.8%
2005Operating margin-532.6%
2006Operating margin-324.7%
2004Net margin-44%
2005Net margin-514.5%
2006Net margin-335.1%
2004Free cash flow margin-49.8%
2005Free cash flow margin-497.5%
2006Free cash flow margin-728%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -7.7M 2006
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.617.0K-1.6M-3.9M-6.1M-8.3M200420052006
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2004Operating cash flow-247938
2005Operating cash flow-1754975
2006Operating cash flow-7711996

Free cash flow

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

USD -7.8M 2006
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.624.1K-1.6M-3.9M-6.2M-8.4M200420052006
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2004Free cash flow-351355
2005Free cash flow-1778632
2006Free cash flow-7801106

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.

91.2% 2006
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.155%116%77%39%0%200420052006
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2004Liabilities / assets108%
2005Liabilities / assets143.4%
2006Liabilities / assets91.2%

Current assets to current liabilities

Current assets divided by current liabilities.

0.52× 2005
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.0.79×0.59×0.40×0.20×0.00×200420052006-06-30
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2004Current assets / current liabilities0.73×
2005Current assets / current liabilities0.52×
2006-06-30Current assets / current liabilitiesNot reportedNo source recorded

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
2004 2003-07-01 – 2004-06-30
−USD 310,069
Exact value

Exact value: -310069 USD

2003-07-01 – 2004-06-30: -310069 USD Inspect Net Income Open source
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−USD 247,938
Exact value

Exact value: -247938 USD

2003-07-01 – 2004-06-30: -247938 USD Inspect Operating Cash Flow Open source
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USD 103,417
Exact value

Exact value: 103417 USD

2003-07-01 – 2004-06-30: 103417 USD Inspect Capital Expenditure Open source
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−USD 351,355
Calculation and evidence

-247938 − 103417 USD

Exact free cash flow: -351355 USD

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2005 2004-07-01 – 2005-06-30
−USD 1.84 million
Exact value

Exact value: -1839628 USD

2004-07-01 – 2005-06-30: -1839628 USD Inspect Net Income Open source
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−USD 1.75 million
Exact value

Exact value: -1754975 USD

2004-07-01 – 2005-06-30: -1754975 USD Inspect Operating Cash Flow Open source
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USD 23,657
Exact value

Exact value: 23657 USD

2004-07-01 – 2005-06-30: 23657 USD Inspect Capital Expenditure Open source
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−USD 1.78 million
Calculation and evidence

-1754975 − 23657 USD

Exact free cash flow: -1778632 USD

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2006 2005-07-01 – 2006-06-30
−USD 3.59 million
Exact value

Exact value: -3590551 USD

2005-07-01 – 2006-06-30: -3590551 USD Inspect Net Income Open source
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−USD 7.71 million
Exact value

Exact value: -7711996 USD

2005-07-01 – 2006-06-30: -7711996 USD Inspect Operating Cash Flow Open source
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USD 89,110
Exact value

Exact value: 89110 USD

2005-07-01 – 2006-06-30: 89110 USD Inspect Capital Expenditure Open source
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−USD 7.8 million
Calculation and evidence

-7711996 − 89110 USD

Exact free cash flow: -7801106 USD

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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.

7 filings · 0 latest values · 0 originally reported values

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

Identifiers: 0001307431, 1307431, edgar:1307431

Also known as Nationwide Financial Solutions, Inc.