| Address:
|
2209 W 1ST ST STE 113-114
|
| City: |
TEMPE |
|
State: |
AZ |
|
Zip Code: |
85281 |
| Telephone: |
602-804-1101 |
|
Description of Business
|
Primary SIC Code:
7990 |
| (As filed with the SEC)
|
|
|
Our company was incorporated in 1994 to develop and market interactive
electronic bingo systems. GameTech bingo products currently consist of portable,
fixed-based, and server-based player terminals, inclusive of bingo operating
systems (Bingo segment). We also design, develop, and market gaming software for
use in connection with video lottery terminals (VLTs) and slot machine
equipment, including gaming devices (VLT/Slot segment). Historically, most of
our revenues have been generated domestically with the remainder from product
placement in Europe, Canada, and Asia. The Company conducts a substantial amount
of its business through distributor relationships, many of which act as a
collection agent. One distributor represented 44.6% of our consolidated accounts
receivable balance before allowances at October 31, 2010. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 04/2011 | -0.54 | NA | N/E | | 01/2011 | -1.67 | NA | N/E | | 10/2010 | -1.73 | NA | N/E | | 07/2010 | -2.52 | NA | N/E | | 04/2010 | -2.19 | NA | N/E | | 01/2010 | -0.92 | NA | N/E | | 10/2009 | -0.90 | NA | N/E | | 07/2009 | -0.99 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
10/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.51 | Total Liab/Total Assets | 0.80 | | Net Inc/Total Assets | -0.44 | Total Liab/Inv Cap | -1.94 | | Net Inc/Inv Cap | 1.06 | Total Liab/Comm Equity | 0.93 | | Pretax Inc/Net Sales | -0.31 | Interest Coverage Ratio | -4.19 | | Net Inc/Net Sales | -0.58 | Curr Debt/Equity | 3.02 | | Cash Flow/Net Sales | 0.18 | LTD/Equity | NA | | SG&A/NetSales | 0.58 | Total Debt/Equity | 3.02 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 4.62 | Quick Ratio | 0.35 | | Inventory Turnover | 2.91 | Current Ratio | 0.47 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.36 | | Net Sales/Work Cap | -1.78 | Inv/Curr Assets | 0.25 | | Net Sales/PP&E | 2.18 | | |
Income Statement (Millions) |
| |
5/1/2011
|
1/30/2011
|
10/31/2010
|
8/1/2010
|
|
Total Revenues(Net Sales)
|
8.12
|
10.10
|
9.68
|
7.42
|
|
Cost of Goods Sold
|
3.86
|
4.93
|
3.94
|
2.93
|
|
Selling & Admin Exps
|
3.94
|
3.78
|
5.74
|
4.68
|
|
Operating Income
|
-1.20
|
-0.03
|
-1.30
|
-4.09
|
|
Interest Exp
|
0.54
|
0.39
|
0.56
|
0.77
|
|
Pretax Income
|
-1.59
|
-0.24
|
-1.82
|
-4.51
|
|
Other Income
|
0.15
|
0.17
|
-0.13
|
0.54
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-1.62
|
-0.29
|
-0.49
|
-3.91
|
|
Assets
|
5/1/2011
|
1/30/2011
|
10/31/2010
|
8/1/2010
|
|
Cash & Short Term Investments
|
4.95
|
2.67
|
5.81
|
3.03
|
|
Receivables - Total
|
3.26
|
6.66
|
6.37
|
8.10
|
|
Inventories - Total
|
2.22
|
2.76
|
4.29
|
5.70
|
|
Total Current Assets
|
11.65
|
13.18
|
17.48
|
17.82
|
|
Net Property, Plant & Equipment
|
14.31
|
14.94
|
16.10
|
15.87
|
|
Total Assets
|
40.19
|
40.86
|
46.76
|
47.58
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
5.57
|
4.95
|
5.61
|
6.48
|
|
Debt in Current Liabilities
|
9.55
|
26.52
|
28.74
|
27.68
|
|
Total Current Liabilities
|
15.44
|
31.47
|
37.24
|
37.78
|
|
Long-Term Debt
|
16.89
|
NA
|
0.00
|
0.00
|
|
Total Liabilities
|
32.33
|
31.47
|
37.24
|
37.78
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Retained Earnings
|
-32.22
|
-30.60
|
-30.32
|
-29.83
|
|
Treasury Stock
|
-12.23
|
-12.26
|
-12.33
|
-12.66
|
|
Total Stockholders' Equity
|
7.86
|
9.39
|
9.52
|
9.81
|
|
Total Liabilities and Stockholders' Equity
|
40.19
|
40.86
|
46.76
|
47.58
|
Cash Flow Summary (Millions) |
|
Categories
|
5/1/2011
|
1/30/2011
|
10/31/2010
|
8/1/2010
|
|
Net Cash Provided by Operating Activities
|
4.62
|
-0.58
|
3.51
|
0.77
|
|
Net Cash Provided by Investing Activities
|
-0.39
|
-0.38
|
-1.88
|
-0.65
|
|
Net Cash Provided by Financing Activities
|
-2.19
|
0.03
|
-0.30
|
-1.95
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 10/2006 | 49.29 | 4.38 | 0.34 | | 10/2007 | 58.80 | 4.67 | 0.36 | | 10/2008 | 55.45 | -11.16 | -0.92 | | 10/2009 | 47.79 | -10.50 | -0.90 | | 10/2010 | 35.17 | -20.36 | -1.73 | | Growth Rates | -8.09 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 06/30/11 | 11 | 1,399 | 11.83 |
|
Report Date :
8/15/2011
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