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QRS Music Technologies, Inc.

QRS Music Technologies, Inc.

QRSM
QRS Music Technologies, Inc.US flagOther OTC
0.00
USD
-0.10
- -
1.47MMarket Cap
QRS Music Technologies, Inc.
QRSM
(Other OTC)

Recent

price

0.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2001
2002
2003
2004
2005
2006
TTM
FRC
1.47
1.3
1.6
1.98
2.14
1.9
1.63
Revenue per Share
0.06
0.06
0.08
0.14
0.1
- -
-0.06
Basic EPS, GAAP
0.01
0.2
-0.04
0.16
-0.11
-0.06
0.02
Free Cash Flow per Basic Share
- -
- -
0.04
0.06
- -
- -
- -
Dividend per Share
0.01
0.09
0.18
0.34
0.45
0.46
0.43
Book Value per Share
0.62
0.7
0.75
0.89
0.99
0.93
0.91
Tangible Book Value per Share
9
9
9
9
9
10
10
Basic Weighted Avg Shares
14
12
15
19
20
18
16
Sales/Revenue/Turnover
8.58
9.65
9.69
12.99
8.43
2.21
-3.81
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
1
1
1
- -
- -
Net Income, GAAP
37.11
36
37.47
38.58
34.45
54.45
37.89
Effective Tax Rate (%)
4.8
5.7
5.93
7.9
5.42
0.93
-3.04
Profit Margin (%)
5
6
6
7
8
8
8
Working Capital
- -
1
- -
- -
- -
1
1
LT Debt
6
6
7
8
9
10
10
Total Equity
- -
10.29
12.08
18.13
12.16
1.77
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
118.57
60.42
54.94
26.12
0.91
-13.82
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'07
Dec'07
Mar'07
ST Debt
- -
- -
1
LT Borrowings
1
1
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
13
12
10

Working Capital

FRC

•

in mil. unless spec.
Sep'07
Dec'07
Mar'07
Total Current Assets
10
11
10
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
1
1
1
Inventories
8
8
8
Total Current Liabilities
2
2
2
Payables & Accruals
2
2
2
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.29%
3.9%
Free Cash Flow
- -
231.32%
-49.77%
Net Income, GAAP
- -
-2.05%
-84.72%
Sales/Revenue/Turnover
- -
7.08%
-10.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2005
5
7
4
4
20
2006
4
6
4
4
18
2007
3
5
3
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2005
0.02
0.06
0.06
- -
0.1
2006
-0.01
0.04
-0.01
- -
- -
2007
-0.03
0.02
-0.03
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2005
- -
- -
- -
- -
- -
2006
- -
- -
- -
- -
- -
2007
- -
- -
- -
- -
- -
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Business
QRS Music Technologies, Inc. (OTCBB: QRSM) designs, manufactures, and distributes digital music technologies, player pianos, piano retrofit kits, and related accessories for home entertainment, education, hospitality, and professional markets worldwide. The company offers core products including PNOmation4 and PNOmation3 player piano systems, PNOmation OT portable player piano technology, PNOscan optical sensors, PNOtouch touch interfaces, Sync-Along synchronization tools, QRS-Connect connectivity solutions, Gulbransen Digital Hymnal4 systems, QSync wireless platforms, Trumpeter automated instruments, Story & Clark grand and upright pianos such as the H48 Academy Grand, H60 Academy Grand, H80 Professional Grand, and H7 Upright models, PNODesk software interfaces, nickelodeons, piano rolls, music CDs, streaming access plans like QRS Streamer and QRS Streamer Solo, and MIDI-based novelties. Founded in 1900 and headquartered in Seneca, Pennsylvania, with additional operations in Australia, Hong Kong, the Netherlands, and the United States, QRS serves artists, composers, teachers, and consumers through its patented music content delivery innovations. In recent developments, QRS debuted QRS Streamer and QRS Streamer Solo streaming music plans, providing curated performances from numerous artists, complimentary access to QRSConnect.com for live events, artist interactions, teaching resources, and its new ROKU channel. The company continues to expand its digital ecosystem with voice-controlled PNOmation3 interfaces and QRS Connector for Bluetooth MIDI connectivity on digital keyboards, enhancing learning, performance, and recording capabilities. These initiatives build on its historical pivot from traditional piano rolls—production of which ended in 2006—to modern automated piano technologies since the 1989 launch of the original Pianomation kit.