SRS Labs — Q3 2009 Earnings Presentation
6 slides from SRS Labs's earnings presentation, Nov 2, 2009
Slide 1: Q3 2009 Financial Results
Q3 2009 Financial Results CONFIDENTIAL November 2, 2009
Slide 2: Balance Sheet
Balance Sheet Assets Def Tax 9/30/2009 12/31/2008 Intangibles Asset 10% 5% Cash 40,295 39,435 Other LT 1% A/R, net 1,015 333 Other ST 2% Other ST 1,181 864 Current Assets , 42,491 40,632 , A/R, net 2% Cash 80% Intangibles 2,520 2,355 Def Tax Asset 5,011 3,471 Other LT 481 424 Total Assets 50,503 46,
Slide 3: Quarterly Revenue and Profits – Q3 2009
Quarterly Revenue and Profitts – Q3 2009 Q3 '09 Q2 '09 Q3 3 09 vs Q2 09 Q3 '08 Q309 vs. Q3 08 Actual Actuals $ % Actuals $ % Revenue 7,230 5,056 2 2,175 43% 4,319 2,911 67% SG&A 5 745 5,745 5 275 5,275 470 9% 4 924 4,924 821 17% Operating Profit 1,417 (281) 1,699 (627) 2,044 Interest Income 84 92 (8
Slide 4: Regional Quarterly Revenue Performance
Regional Quarterly Revenue Performance P Q3 '09 Q2 '09 Q 09 vs Q2 09 Q3 Q3 '08 Q3 09 vs. Q3 08 Actual Actuals $ % Actuals $ % Korea 2,760 , 2,795 , ((35)) -1% 2,211 , 549 25% Japan 1,689 673 1,016 151% 1,208 481 40% Americas 2,229 1,106 1,123 102% 467 1,762 378% China 299 346 (47) -14% 207 92 45% As
Slide 5: Revenue by Market Segment
Revenue by Market Segment 5% 5% 8% 10% 12% 8% 14% 13% 13% 9% 10% 8% 7% 3% 4% 10% 5% 4% 7% 5% 68% 66% 67% 69% 70% Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 HE PMD Auto Telecom PC 5
Slide 6: Quarterly Cash Flows
Quarterly Cash Flows Q3 Q4 Q1 Q2 Q3 2008 2008 2009 2009 2009 Cash C h Flow Fl from f Operation O ti (402) 295 (141) 354 1 171 1,171 Net Income/(Loss) (316) 137 386 (198) 1,475 Depreciation and Amortization 156 157 158 181 173 Provision for Doubtful Accounts 4 22 4 22 Deferred Taxes (385) (485) (516)