Avitar, Inc. is a holding company. The company is headquartered in Canton, Massachusetts and currently employs 36 full-time employees. During the fiscal year ended September 30, 2007 (fiscal 2007), the Company continued the development and marketing of point-of-care oral fluid drugs of abuse tests, which use the Company’s foam as the means for collecting the oral fluid sample. Avitar sells its products and services to employers, diagnostic test distributors, medical supply companies, governmental agencies and corporations. Through its wholly owned subsidiary, BJR Security, Inc. (BJR), the Company provided, until April 30, 2007, specialized contraband detection and education services.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
09/30/2007
09/30/2006
09/30/2005
09/30/2004
09/30/2003
Revenue
2
3
4
4
4
4
Revenue Growth (YoY)
-50%
-25%
0%
0%
0%
-50%
Cost of Revenue
2
2
3
3
2
3
Gross Profit
0
0
1
1
1
1
Selling, General & Admin
3
3
3
4
3
3
Research & Development
0
0
0
0
0
0
Operating Expenses
3
3
4
5
3
4
Other Non Operating Income (Expenses)
1
--
--
--
--
0
Pretax Income
-2
-2
-3
-2
-2
-4
Income Tax Expense
0
0
0
0
0
0
Net Income
-2
-2
-3
-4
-4
-8
Net Income Growth
-33%
-33%
-25%
0%
-50%
100%
Shares Outstanding (Diluted)
86.94
26.47
4.85
3.11
2.13
1.36
Shares Change (YoY)
645%
446%
56%
46%
56%
60%
EPS (Diluted)
-0.03
-0.08
-0.79
-1.53
-1.99
-5.94
EPS Growth
-91%
-89%
-48%
-23%
-66%
12%
Free Cash Flow
-2
-1
-2
-4
-3
-2
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
0%
0%
25%
25%
25%
25%
Operating Margin
-100%
-66.66%
-50%
-75%
-50%
-75%
Profit Margin
-100%
-66.66%
-75%
-100%
-100%
-200%
Free Cash Flow Margin
-100%
-33.33%
-50%
-100%
-75%
-50%
EBITDA
-2
-2
-2
-3
-2
-3
EBITDA Margin
-100%
-66.66%
-50%
-75%
-50%
-75%
D&A For EBITDA
0
0
0
0
0
0
EBIT
-2
-2
-2
-3
-2
-3
EBIT Margin
-100%
-66.66%
-50%
-75%
-50%
-75%
Effective Tax Rate
0%
0%
0%
0%
0%
0%
Follow-Up Questions
What are Avitar Inc's key financial statements?
According to the latest financial statement (Form-10K), Avitar Inc has a total asset of $1, Net loss of $-2
What are the key financial ratios for AVTI?
Avitar Inc's Current ratio is 0.12, has a Net margin is -66.66, sales per share of $0.11.
How is Avitar Inc's revenue broken down by segment or geography?
Avitar Inc largest revenue segment is Subsea, at a revenue of 3,192,523,000 in the most earnings release.For geography, North Sea is the primary market for Avitar Inc, at a revenue of 2,431,579,000.
Is Avitar Inc profitable?
no, according to the latest financial statements, Avitar Inc has a net loss of $-2
Does Avitar Inc have any liabilities?
yes, Avitar Inc has liability of 8
How many outstanding shares for Avitar Inc?
Avitar Inc has a total outstanding shares of 63.04