MIT Holding, Inc.

EDGAR

42 filing records in this dataset, filed from 2007-03-15 to 2015-11-27. Explore the available filing history and original sources.

Watchlist

Latest fiscal year

Revenue

9.51 million USD

2008 · USD

Exact inputs and evidence

Operating margin

-21.87%

2008 · %

Exact inputs and evidence
  • Operating Income: -2079519 USD Source
  • Revenue: 9510627 USD Source

Operating cash flow

383 thousand USD

2008 · USD

Exact inputs and evidence
  • Operating Cash Flow: 383315 USD Source

Free cash flow

352 thousand USD

2008 · USD

Exact inputs and evidence
  • Operating Cash Flow: 383315 USD Source
  • Capital Expenditure: 30885 USD Source
Cash and cash equivalents
111 thousand USD Source
Exact value

111337 USD

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

Company performance

Up to ten complete financial years · consolidated figures

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

Latest filing recorded: 2015-11-27.

Financial data available through: 2008-12-31.

Financial coverage is incomplete. Newer filings are recorded, but comparable financial figures for those periods are not available here yet.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2008-12-31
  • Operating income: 3 of 11 periods available· newest 2008-12-31
  • Net income: 3 of 11 periods available· newest 2008-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2008-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2008-12-31
  • Total assets: 3 of 11 periods available· newest 2008-12-31
  • Total liabilities: 1 of 11 periods available· newest 2008-12-31
  • Current assets: 3 of 11 periods available· newest 2008-12-31
  • Current liabilities: 3 of 11 periods available· newest 2008-12-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2008-12-31
  • 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

    -25%

    Prior period

    USD 12.68 million

    –

    Current period

    USD 9.51 million

    –

    Exact inputs and evidence

    9510627 − 12680741 = -3170114 USD

    12680741 USD · 2007-01-01 – 2007-12-31

    Inspect prior input Prior source

    9510627 USD · 2008-01-01 – 2008-12-31

    Inspect current input Current source
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  • Net income

    -5,413.7%

    Prior period

    USD 79,890

    –

    Current period

    −USD 4.25 million

    –

    Exact inputs and evidence

    -4245099 − 79890 = -4324989 USD

    79890 USD · 2007-01-01 – 2007-12-31

    Inspect prior input Prior source

    -4245099 USD · 2008-01-01 – 2008-12-31

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  • Operating cash flow

    +USD 1.91 million

    Prior period

    −USD 1.52 million

    –

    Current period

    USD 383,315

    –

    Exact inputs and evidence

    383315 − -1524895 = 1908210 USD

    -1524895 USD · 2007-01-01 – 2007-12-31

    Inspect prior input Prior source

    383315 USD · 2008-01-01 – 2008-12-31

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  • Capital expenditure

    -13.3%

    Prior period

    USD 35,610

    –

    Current period

    USD 30,885

    –

    Exact inputs and evidence

    30885 − 35610 = -4725 USD

    35610 USD · 2007-01-01 – 2007-12-31

    Inspect prior input Prior source

    30885 USD · 2008-01-01 – 2008-12-31

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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.

2008 2008-01-01 – 2008-12-31

  • Revenue USD 9.51 million 100% of revenue
  • Cost of revenue USD 5.01 million 53% of revenue
  • Operating expenses USD 6.58 million 69% of revenue
  • Operating income −USD 2.08 million −22% of revenue
  • Tax, interest and other Derived USD 2.17 million 23% of revenue
  • Net income −USD 4.25 million −45% of revenue

Cash

  • Operating cash flow USD 383,315 4% of revenue
  • Capital expenditure USD 30,885 0.3% of revenue
  • Free cash flow Derived USD 352,430 3.7% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2006 98%
  • 2007 97%
  • 2008 Operating loss: operating costs were 122% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2006 2006-01-01 – 2006-12-3112980219 12731251 Derived 248968 146603 Derived 102365 -2876740 Derived
Source
2007 2007-01-01 – 2007-12-3112680741 12261351 Derived 419390 339500 Derived 79890 -1560505 Derived
Source
2008 2008-01-01 – 2008-12-319510627 11590146 Derived -2079519 2165580 Derived -4245099 352430 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 9.5M 2008
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.14.0M10.5M7.0M3.5M0.0200620072008
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2006Revenue12980219
2007Revenue12680741
2008Revenue9510627

Revenue growth

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

-25% 2008
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.2.0%-5.2%-12.5%-19.7%-27.0%200620072008
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2006Year over yearNo prior comparable period
2007Year over year-2.3%
2008Year over year-25%

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 -21.9% 2008
Net margin -44.6% 2008
Free cash flow margin 3.7% 2008
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.8%-6%-20%-34%-49%200620072008
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2006Operating margin1.9%
2007Operating margin3.3%
2008Operating margin-21.9%
2006Net margin0.8%
2007Net margin0.6%
2008Net margin-44.6%
2006Free cash flow margin-22.2%
2007Free cash flow margin-12.3%
2008Free cash flow margin3.7%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 383.3K 2008
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.644.1K-301.3K-1.2M-2.2M-3.1M200620072008
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2006Operating cash flow-2876740
2007Operating cash flow-1524895
2008Operating cash flow383315

Free cash flow

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

USD 352.4K 2008
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.610.8K-325.7K-1.3M-2.2M-3.1M200620072008
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2006Free cash flow-2876740
2007Free cash flow-1560505
2008Free cash flow352430

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.

132.8% 2008
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.143%108%72%36%0%2006-12-312007-12-312008
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2006-12-31Liabilities / assetsNot reported
2007-12-31Liabilities / assetsNot reported
2008Liabilities / assets132.8%

Current assets to current liabilities

Current assets divided by current liabilities.

0.85× 2008
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.1.67×1.25×0.83×0.42×0.00×200620072008
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2006Current assets / current liabilities1.54×
2007Current assets / current liabilities0.91×
2008Current assets / current liabilities0.85×

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
2006 2006-01-01 – 2006-12-31
USD 102,365
Exact value

Exact value: 102365 USD

2006-01-01 – 2006-12-31: 102365 USD Inspect Net Income Open source
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−USD 2.88 million
Exact value

Exact value: -2876740 USD

2006-01-01 – 2006-12-31: -2876740 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2006-01-01 – 2006-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 2.88 million
Calculation and evidence

-2876740 − 0 USD

Exact free cash flow: -2876740 USD

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2007 2007-01-01 – 2007-12-31
USD 79,890
Exact value

Exact value: 79890 USD

2007-01-01 – 2007-12-31: 79890 USD Inspect Net Income Open source
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−USD 1.52 million
Exact value

Exact value: -1524895 USD

2007-01-01 – 2007-12-31: -1524895 USD Inspect Operating Cash Flow Open source
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USD 35,610
Exact value

Exact value: 35610 USD

2007-01-01 – 2007-12-31: 35610 USD Inspect Capital Expenditure Open source
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−USD 1.56 million
Calculation and evidence

-1524895 − 35610 USD

Exact free cash flow: -1560505 USD

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2008 2008-01-01 – 2008-12-31
−USD 4.25 million
Exact value

Exact value: -4245099 USD

2008-01-01 – 2008-12-31: -4245099 USD Inspect Net Income Open source
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USD 383,315
Exact value

Exact value: 383315 USD

2008-01-01 – 2008-12-31: 383315 USD Inspect Operating Cash Flow Open source
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USD 30,885
Exact value

Exact value: 30885 USD

2008-01-01 – 2008-12-31: 30885 USD Inspect Capital Expenditure Open source
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USD 352,430
Calculation and evidence

383315 − 30885 USD

Exact free cash flow: 352430 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.

42 filings · 0 latest values · 0 originally reported values

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

Identifiers: 0001367416, 1367416, edgar:1367416

Also known as CONVENTION ALL HOLDINGS INC