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As Of Filer Filing For·On·As Docs:Size Issuer Agent 1/25/11 Rediff Com India Ltd 6-K 1/25/11 2:62K RR Donnelley/FA |
Document/Exhibit Description Pages Size 1: 6-K Report of a Foreign Private Issuer HTML 12K 2: EX-99.1 Miscellaneous Exhibit HTML 35K
Exhibit 99.1 |
Quarter ended December 31 | ||||||||
2010 | 2009 | |||||||
Revenues |
||||||||
India Online |
4.77 | 3.63 | ||||||
US Publishing |
1.13 | 1.10 | ||||||
Total Revenues |
5.90 | 4.73 | ||||||
Cost of Revenues * |
(2.76 | ) | (2.46 | ) | ||||
Gross Margin |
3.14 | 2.27 | ||||||
Gross Margin % |
53 | % | 48 | % | ||||
Operating Expenses * |
(4.86 | ) | (3.40 | ) | ||||
Operating EBITDA |
(1.72 | ) | (1.13 | ) | ||||
Depreciation / Amortization |
(0.84 | ) | (1.38 | ) | ||||
Interest Income |
0.94 | 0.97 | ||||||
Impairment of long lived assets |
— | (0.03 | ) | |||||
Foreign Exchange Gain/ (Loss) |
— | 0.05 | ||||||
Equity in net loss of equity method
investee |
(0.18 | ) | (0.11 | ) | ||||
Net loss before income taxes |
(1.80 | ) | (1.63 | ) | ||||
Tax |
— | (0.01 | ) | |||||
Net loss |
(1.80 | ) | (1.64 | ) | ||||
Net loss per ADS (in US dollars) |
(0.065 | ) | (0.056 | ) |
Quarter ended December 31 | ||||||||
2010 | 2009 | |||||||
Net loss per ADS (in US dollars) diluted |
(0.065 | ) | (0.056 | ) | ||||
Weighted average ADS Outstanding (in
millions) |
27.60 | 29.23 | ||||||
* Stock based Compensation included in: |
||||||||
Cost of revenue |
0.02 | 0.03 | ||||||
Operating expenses |
0.38 | 0.24 |
• | Each ADS represents one half of an equity share. |
||
• | The above numbers are subject to audit and while no significant changes are anticipated,
an audit could result in adjustments which would result in the audited numbers varying from
the numbers set forth above. |
||
• | Costs of revenue presented in the statement of operations for the quarters ended
December 31, 2010 and 2009 includes internet communication, data storage and software usage
costs (referred to as “website connection and maintenance costs”) incurred for the
operation of the Rediff website; these costs were earlier included as part of Operating
expenses. |
||
• | During the Fiscal year ended March 31, 2010 the company established a ESOP trust for the
benefit of the employees and purchased 750,000 shares (equivalent to 1,500,000 ADS). During
the quarter ended December 31, 2010 Trust purchased an additional 265,000 shares
(equivalent to 530,000 ADS). These shares are treated as treasury stock and therefore are
excluded from the EPS calculations. |
||
• | During the quarter ended December 31, 2010 the Company completed the acquisition of
Vubites India Private Limited and consolidated its result of operations. |
Quarter ended December 31 | ||||||||
2010 | 2009 | |||||||
Operating EBITDA (Non GAAP) |
(1.72 | ) | (1.13 | ) | ||||
Depreciation / Amortization |
(0.84 | ) | (1.38 | ) | ||||
Interest Income |
0.94 | 0.97 | ||||||
Impairment of long-lived assets |
— | (0.03 | ) | |||||
Foreign Exchange Gain/ (Loss) |
— | (0.05 | ) | |||||
Equity in net loss of equity method
investee |
(0.18 | ) | (0.11 | ) | ||||
Net loss before income taxes |
(1.80 | ) | (1.63 | ) | ||||
Tax |
— | (0.01 | ) | |||||
Net loss (GAAP) |
(1.80 | ) | (1.64 | ) |
Quarter ended December 31 | ||||||||
2010 | 2009 | |||||||
Operating Expenses (GAAP) |
5.70 | 4.78 | ||||||
Depreciation/Amortization |
(0.84 | ) | (1.38 | ) | ||||
Operating Expense (Non-GAAP) |
4.86 | 3.40 |
This ‘6-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on / For Period End: | 1/25/11 | |||
12/31/10 | ||||
3/31/10 | 20-F | |||
1/25/10 | ||||
12/31/09 | ||||
List all Filings |