qmed inc
(QMED:OTC Pink - No Information)

Last $0.0030 USD

Change Today 0.00 / 0.00%

Volume 0.0

QMED On Other Exchanges

Symbol

Exchange

QMED:US

As of 8:10 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements Ratios Pensions & Options SEC Filings

Financial Statements for qmed inc (QMED)

Year over year, QMed Inc. has seen revenues shrink from $8.1M USD to $5.2M USD, though the company was able to grow net income from a loss of $14.2M USD to a smaller loss of $11.3M USD. A reduction in the percentage of sales devoted to cost of goods sold from 58.56% to 52.24% was a key component in the bottom line growth in the face of falling revenues.

Income Statement Balance Sheet Cash Flow

Currency in Millions of US Dollars	As of:	Nov 30 2004	Nov 30 2005 Restated	Nov 30 2006 Restated	Nov 30 2007	4 Year Trend
Revenues		15.6	22.0	8.1	5.2
TOTAL REVENUES		15.6	22.0	8.1	5.2
Cost of Goods Sold		8.9	7.3	4.8	2.7
GROSS PROFIT		6.7	14.6	3.4	2.5
Selling General & Admin Expenses, Total		7.3	7.6	12.4	7.8
R&D Expenses		0.9	1.3	1.6	2.1
OTHER OPERATING EXPENSES, TOTAL		8.2	8.9	13.9	9.9
OPERATING INCOME		-1.5	5.7	-10.6	-7.4
Interest Expense		0.0	0.0	0.0	0.0
Interest and Investment Income		0.1	0.4	0.7	0.2
Other Non-Operating Expenses, Total		-0.5	-0.8	-0.1	0.0
Other Non-Operating Income (Expenses)		0.0	0.0	--	0.0
Gain (Loss) on Sale of Assets		0.2	0.1	0.5	--
Other Unusual Items, Total		--	--	0.0	2.4
EBT, INCLUDING UNUSUAL ITEMS		-1.7	5.4	-9.5	-4.8
Income Tax Expense		0.0	0.4	0.0	0.0
Earnings from Continuing Operations		-1.7	5.0	-9.5	-4.8
EARNINGS FROM DISCOUNTINUED OPERATIONS		--	-1.1	-4.7	-6.4
NET INCOME		-1.7	3.9	-14.2	-11.3
NET INCOME TO COMMON INCLUDING EXTRA ITEMS		-1.7	3.9	-14.2	-11.3
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS		-1.7	5.0	-9.5	-4.8