SMTC Corporation Reports Third Quarter Results
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Supplementary Information:
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Reconciliation of Proforma Adjusted Gross Profit
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SMTC |
MC |
Proforma |
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Sep 30, 2018 |
Sep 30, 2018 |
Sep 30, 2018 |
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| Gross Profit | $ | 5,237 | | $ | 5,030 | | $ | 10,267 | |
| Add (deduct): | | | | | | |
| Unrealized foreign exchange gain | | | | | | |
| on unsettled forward exchange contracts | (108 | ) | - | | (108 | ) |
| Adjusted Gross Profit | $ | 5,129 | | $ | 5,030 | | $ | 10,159 | |
| Adjusted Gross Profit % | 9.6 | % | 12.6 | % | 10.8 | % |
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Supplementary Information: | | | | | | | | |
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Reconciliation of Adjusted Net (Loss) Income | | | | | | | | |
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SMTC | |
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MC | |
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Proforma | |
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Sep 30, 2018 | | |
Sep 30, 2018 | |
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Sep 30, 2018 | |
| Net Loss | $ | 864 | | | $ | 343 | | | $ | 1,207 | |
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| add back | | | | | | | | |
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| Amortization of intangible assets | - | | | - | | | - | |
| Unrealized foreign exchange loss (gain) | (108 | ) | | - | | | (108 | ) |
| on unsettled forward exchange contracts | | | | | | | - | |
| Stock compensation expense | 75 | | | - | | | 75 | |
| Stock Revaluation of Warrant | - | | | - | | | - | |
| Restructuring charges | 58 | | | (13 | ) | | 45 | |
| Merger and acquisitions related expenses | - | | | - | | | - | |
| Contingent Consideration reversal | - | | | - | | | - | |
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| Adj Net Loss | 889 | | | 329 | | | 1,218 | |
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