IDT Corporation Financial Statements — IDT Stock

Income Statement	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	1,395	1,351	1,506	1,621	1,652	1,597	1,496	1,502	1,547	1,409	1,346	1,447	1,364	1,239	1,206
+ Sales & Services Revenue	1,395	1,351	1,506	1,621	1,652	1,597	1,496	1,502	1,547	1,409	1,346	1,447	1,364	1,239	1,206
- Cost of Revenue	1,111	1,120	1,269	1,356	1,367	1,328	1,247	1,276	1,306	1,174	1,084	1,154	1,039	882	816
+ Cost of Goods & Services	1,111	1,120	1,269	1,356	1,367	1,328	1,247	1,276	1,306	1,174	1,084	1,154	1,039	882	816
Gross Profit	284	232	237	265	284	268	250	226	241	235	262	293	325	357	390
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	257	223	244	231	254	244	224	220	228	234	242	240	272	295	328
+ Selling, General & Admin	216	202	207	218	229	222	205	188	203	204	219	221	225	249	277
+ Research & Development	8	3	5	7	10	2	- -	- -	- -	- -	- -	- -	47	48	51
+ Other Operating Expense	33	18	33	6	15	20	20	32	25	30	24	19	- -	-2	- -
Operating Income (Loss)	27	8	-7	34	30	25	25	6	13	1	20	53	53	62	62
- Non-Operating (Income) Loss	1	1	5	- -	5	-68	-4	-2	5	- -	2	-12	18	1	- -
+ Interest Expense, Net	6	9	3	1	- -	- -	-1	-1	-1	-1	-1	- -	- -	-3	-5
+ Interest Expense	6	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	-4	-3	-1	- -	- -	1	1	1	1	1	- -	- -	3	5
+ Other Non-Op (Income) Loss	-5	-9	2	-1	5	-68	-3	-1	6	1	3	-12	19	4	5
Pretax Income	26	8	-12	34	25	92	29	8	8	- -	18	65	35	61	62
- Income Tax Expense (Benefit)	5	-13	-43	16	4	6	4	-2	3	- -	-4	-32	6	16	-6
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	21	21	31	18	21	86	25	10	5	- -	21	97	29	44	68
- Net Extraordinary Losses (Gains)	- -	-9	-8	8	4	3	4	3	2	- -	- -	1	4	8	8
+ Discontinued Operations	- -	2	8	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	1	-12	-15	13	4	3	4	3	2	- -	- -	1	4	8	8
Income (Loss) Incl. MI	20	30	39	10	17	83	22	7	3	- -	21	96	25	37	61
- Minority Interest	- -	3	- -	-2	-2	-2	-2	-1	-1	- -	- -	- -	-2	-4	-4
Net Income, GAAP	20	27	39	12	19	84	24	8	4	- -	21	96	27	40	64
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	20	27	39	12	19	84	24	8	4	- -	21	96	27	40	64
Basic Weighted Avg Shares	20	21	21	21	22	23	23	23	25	25	26	25	26	26	25
Basic EPS, GAAP	0.99	1.3	1.87	0.56	0.85	3.69	1.03	0.35	0.17	0.01	0.82	3.78	1.05	1.59	2.55
Basic EPS from Cont Ops	1.01	1.02	1.49	0.87	0.95	3.76	1.11	0.42	0.21	0.01	0.82	3.8	1.12	1.74	2.7
Diluted Weighted Avg Shares	22	22	22	22	23	23	23	23	25	25	26	26	26	26	25
Diluted EPS, GAAP	0.94	1.19	1.75	0.52	0.82	3.63	1.03	0.35	0.17	0.01	0.81	3.7	1.03	1.58	2.54
Diluted EPS from Cont Ops	0.96	0.93	1.4	0.81	0.92	3.7	1.11	0.41	0.21	0.01	0.81	3.72	1.1	1.73	2.69
EBITDA	60	29	10	49	46	43	46	27	36	23	40	71	71	82	82
EBITDA Margin (%)	4.33	2.17	0.63	3	2.79	2.69	3.06	1.81	2.31	1.66	2.97	4.88	5.24	6.63	6.84
EBITA	27	8	-7	34	30	25	25	6	13	1	20	53	53	62	62
EBIT	27	8	-7	34	30	25	25	6	13	1	20	53	53	62	62
Gross Margin (%)	20.37	17.15	15.73	16.35	17.21	16.81	16.69	15.05	15.6	16.69	19.45	20.24	23.83	28.84	32.36
Operating Margin (%)	1.93	0.62	-0.47	2.08	1.81	1.54	1.69	0.37	0.84	0.05	1.45	3.65	3.91	5	5.15
Profit Margin (%)	1.45	1.98	2.57	0.72	1.14	5.29	1.57	0.54	0.27	0.01	1.59	6.67	1.98	3.27	5.35
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.09	0.74	0.72	0.82	0.62	2.08	0.76	0.77	0.57	- -	- -	- -	- -	- -	0.1
Depreciation Expense	33	21	17	15	16	18	21	22	23	23	20	18	18	20	20

Balance Sheet	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	381	434	289	295	339	340	339	371	329	368	322	388	363	387	423
+ Cash, Cash Equivalents & STI	223	254	149	161	167	151	157	149	80	88	109	164	138	152	193
+ Cash & Cash Equivalents	222	254	149	152	154	110	104	90	74	80	85	107	98	104	165
+ ST Investments	1	- -	- -	10	13	40	53	58	6	8	24	56	39	49	28
+ Accounts & Notes Receiv	105	126	83	65	69	67	47	65	71	58	44	47	40	32	42
+ Accounts Receivable, Net	105	126	83	65	69	59	47	65	71	58	44	47	40	32	42
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	8	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	53	54	57	69	103	123	135	158	178	222	169	178	185	203	187
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	137	134	162	140	142	145	131	148	71	75	83	125	134	124	128
+ Property, Plant & Equip, Net	97	91	86	81	82	91	87	89	36	34	40	38	44	44	42
+ Property, Plant & Equip	624	636	635	644	658	203	206	230	182	202	210	202	207	221	233
- Accumulated Depreciation	527	545	550	563	576	112	119	141	146	168	170	164	163	177	191
+ LT Investments & Receivables	8	9	7	10	10	12	14	27	7	9	9	12	7	10	7
+ LT Investments	8	9	7	10	10	12	14	27	7	9	9	12	7	10	7
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	31	34	70	50	50	42	29	32	28	32	34	74	83	70	79
+ Total Intangible Assets	22	21	17	16	17	16	11	11	12	15	17	22	36	35	33
+ Goodwill	18	19	15	15	15	14	11	11	11	11	13	15	26	26	26
+ Other Intangible Assets	4	3	2	1	2	1	- -	- -	- -	4	4	8	10	8	6
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	9	13	53	34	34	26	18	21	16	16	17	52	47	35	47
Total Assets	518	568	451	435	481	486	470	519	400	444	405	513	497	511	550
+ Payables & Accruals	207	241	187	175	170	155	133	166	164	152	135	138	130	114	109
+ Accounts Payable	53	59	40	39	42	29	30	41	46	37	25	25	29	22	25
+ Accrued Taxes	10	8	1	1	1	- -	48	45	46	55	54	- -	- -	- -<

IDT Corporation

Income Statement

Balance Sheet