MULTIBAND CORP company info

CIK 732412
IRS Number 411255001
State of incorporation MN
Business address 9449 SCIENCE CENTER DR
None
NEW HOPE
MN
55428
Mail address 9449 SCIENCE CENTER DRIVE
None
NEW HOPE
MN
55428

Short summary

MULTIBAND CORP is a Minnesota company, with head office located at 9449 Science Center Dr New Hope, Minnesota 55428. The company achieved a record breaking net income in 2010 - 14.69 million USD. In 2012 the company owned a total of 131.98 million USD worth of assets, including 53.06 million USD worth of current assets. 2011 was the year when the company amassed the most assets. The company net sales last year amounted to 305.62 million USD, which means a 1.81% increase when compared to 2011.

MULTIBAND CORP Income Statement

Name [in Millions USD]20082009201020112012Trends
Revenue, Net 268.99265.59300.19305.62
Cost of Goods and Services Sold 207.53186.29214.56224.96
Selling, General and Administrative Expense 57.7857.1763.9470.31
Operating Income (Loss) -7.2213.6714.692.79
Interest expense 4.104.203.843.70
Income Tax Expense (Benefit) 0.41-5.123.61-3.89
Net income -9.6514.697.042.61

MULTIBAND CORP Balance Sheet

Name [in Millions USD]20082009201020112012Trends
Cash and cash equivalents 4.355.2817.088.690.33
Available-for-sale Securities, Current 2.120.470
Accounts Receivable, Net, Current 19.4825.7425.82
Inventories 11.7710.049.38
Deferred income taxes 5.598.006.81
Property, Plant and Equipment, Gross 22.5127.55
Goodwill 38.0437.8037.80
Intangible Assets, Net (Excluding Goodwill) 15.8013.429.59
Other Assets, Noncurrent 5.831.481.24
Total assets 134.59136.30131.98
Current assets 66.5159.9353.06
Accounts payable 30.5323.2723.29
Total current liabilities 59.6784.2559.22
Long-term Debt, Excluding Current Maturities 34.083.5818.33
Long-term Debt 34.1737.85
Deferred income taxes 0.030
Total liabilities 97.5293.8585.25
Common Stock, Value, Issued 66.2466.77117.87
Retained Earnings (Accumulated Deficit) -80.45-77.24-74.24

MULTIBAND CORP Cash Flow

Name [in Millions USD]20082009201020112012Trends
Net income -9.6514.697.042.61
Depreciation and amortization 10.918.306.76
Amortization of Intangible Assets 5.443.613.74
Depreciation and amortization 10.918.306.766.97
Deferred Income Tax Expense (Benefit) -7.50-0.11-4.17
Accounts receivable 6.972.199.80-7.60
Inventories -7.472.443.20-2.83
Deferred revenue 1.03-0.78-0.25-1.20
Net Cash Provided by (Used in) Operating Activities -3.9211.7521.089.88
Payments to Acquire Property, Plant, and Equipment 1.301.723.80
Payments to Acquire Businesses, Net of Cash Acquired 0.37000
Payments to Acquire Intangible Assets 0.190.040.780.75
Net Cash Provided by (Used in) Investing Activities -3.45-1.34-6.77-4.61
Proceeds from Issuance of Long-term Debt 6.1000
Proceeds from Issuance of Common Stock 0016.180
Payments for Repurchase of Common Stock 0.06000.35
Net Cash Provided by (Used in) Financing Activities 5.27-11.442.66-5.38
Cash and Cash Equivalents, Period Increase (Decrease) -2.11-1.0416.97-0.11