AMBOW EDUCATION HOLDING LTD.
Income Statement
| Line Item | FY2014 | FY2013 | FY2012 |
|---|---|---|---|
| Revenue | $66.4M | $188.4M | $215.7M |
| Cost of Revenue | $44.2M | $122.7M | $137.7M |
| Gross Profit | $22.2M | $65.7M | $78.0M |
| Gross Margin | 33.5% | 34.9% | 36.2% |
| Operating Expenses | |||
| Research & Development | $2.0M | $3.2M | $5.1M |
| SG&A Expense | $82.0M | $91.8M | $114.9M |
| Operating Income | $-121.8M | $-105.0M | $-275.3M |
| Operating Margin | -183.4% | -55.7% | -127.6% |
| Interest Expense | $19.6M | — | — |
| Pretax Income | $-165.0M | $-109.6M | $-276.9M |
| Income Tax Expense | $183.0K | $-4.9M | $-9.4M |
| Net Income | $-173.6M | $-149.8M | $-260.2M |
| Net Margin | -261.4% | -79.5% | -120.6% |
| EPS (Basic) | — | $-0.64 | $-1.78 |
| EPS (Diluted) | — | $-0.64 | $-1.78 |
| Shares Outstanding (Basic) | 30.5M | 163.9M | 145.7M |
| Shares Outstanding (Diluted) | 30.5M | 163.9M | 145.7M |
| Dividends Per Share | — | — | — |