smsi
P/E (ttm): 71.47
PERIOD ENDING ...31-Dec-07 .30-Sep-07 .30-Jun-07 .31-Mar-07
Retained Earnings ...172 ... (481) .....(953).... (1,147) <--------
Total Revenue.... 19,971 . 20,393 .... 15,346 .. .17,667
Sale (buy) Stock .....44 .. 1,685 ....... 875 .... 6,545
Net Borrowings ........0.........0..........0.........0. <----
..
Qtrly Revenue Growth (yoy): 15.90% <----good
Qtrly Earnings Growth (yoy): -81.90% <-----------bzzzzzt
Total Debt (mrq): 0 <---------xlnt
..
Shares Short (Feb08): 5.29M
Shares Short (as of 11-Mar-08): 5.55M
Short % of Float (as of 11-Mar-08): 20.30% <---squeezable shorts
..
Smith Micro Software, Inc. develops and markets mobile software products
and services. It focuses on wireless data communications, including
software applications for broadband mobile networks, Wi-Fi, WiMAX,
personal
handset information management, managing mobile content on a handset,
device management solutions, mobile image management, and data
compression
solutions. The company offers connectivity and security products,
including
QuickLink Mobile, QuickLink Mobility, QuickLink WiMAX, QuickLink
Configruration Server, and QuickLink PhoneManager a connection management
application to control, customize, and automate wireless connections. It
also provides multimedia products comprising QuickLink Music, QuickLink
Media, Revue, and QuickLink PC Suite, which is a music and multimedia
manager to sync digital content to and from mobile devices. In addition,
the company's device solutions include StuffIt Image; QuickLink IMS;
StuffIt Wireless that enables compression of data files to facilitate
storage in mobile devices and transmission over wireless networks; and
Insignia Device Management Suite, which allows managing a diverse
population of mobile devices, including the next-generation mobile phones
and personal digital assistant. Further, its consumer products includes,
StuffIt Deluxe, StuffIt Mobile, Anonymizer, CheckIt Registry, Spring
Cleaning, Internet Cleanup, Poser, Anime Studio, Manga Studio, Personal
Photo Manager, Aquazone, and Revue that provides utility and diagnostic
solutions. Additionally, the company offers software products for
Windows,
Mac, UNIX, Linux, Windows Mobile, Symbian, and Java platforms. It serves
wireless service providers, original equipment manufacturers, device
manufacturers, enterprise businesses, and consumers. The company markets
its products and services through direct sales and indirect distribution
channels, as well as through Internet. Smith Micro Software, Inc. was
founded in 1982 and is headquartered in Aliso Viejo, California.
-------------
FROM THE 10K ANNUAL RE****T:
In the first four months of 2007, we completed two acquisitions. We
acquired of Ecutel Systems, Inc. in February 2007, and the assets of
Insignia Solutions in April 2007. In addition, we acquired certain assets
from eFrontier in December 2007 and the Mobile Solutions Group of PCTEL
in January 2008.
----
the consulting ****tion of our services sector which has been de-
emphasized and is no longer considered a strategic element of our go
forward plan.
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Total net revenues were $73.4 million, $54.5 million and $20.3 million in
2007, 2006 and 2005, respectively, with an increase of $18.9 million, or
34.7 % from 2006 to 2007 and an increase of $34.2 million, or 168.9% from
2005 to 2006. The increase in our revenues from 2005 through 2007 is
attributed to the growth in sales of our wireless and consumer utility
products. In late 2005 we entered the wireless music software space which
was the largest selling product group for 2006 and largely responsible
for the increase in revenues from 2005 to 2006. In 2007, we saw a
significant increase in our Connectivity software which was a key driver
to the 34.7% increase in sales over 2006. Sales to individual customers
and their affiliates, which amounted to more than 10% of the Company's
net revenues, included one OEM customer at 64.4% in 2007, 74.4% in 2006
and 57.1% of net revenues in 2005.
---------
Interest income was $4.3 million, $1.4 million and $667,000 in 2007, 2006
and 2005, respectively, representing increases of $2.8 million, or 203.2%
from 2006 to 2007 and $736,000, or 110.3% from 2005 to 2006. Interest
income is directly related to our cash balances throughout the period and
varies among periods
-----------
On January 4, 2008, we acquired the Mobile Solutions Group of PCTEL at a
cost of $59.7 million in cash.
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http://stockcharts.com/charts/gallery.html?smsi
..
resistance : $9.50 / big ass gap at $5.50 / 12y firm sup****t $5.50
REMEMBER:
Short % of Float (as of 11-Mar-08): 20.30% <---squeezable shorts


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