Financial Highlights
15
Sarine Technologies Ltd. • Annual Report
2014
(US$ '000)
2010
2011
2012
2013
2014
Revenues
45,663
57,803
63,750
76,369
87,770
Gross Profit
29,350
38,281
43,388
54,583
61,903
Net Profit
11,111
17,366
20,755
23,888
27,230
Gross Profit Margin
64.3% 66.2% 68.1% 71.5%
70.5%
Net Profit Margin
24.3% 30.0% 32.6% 31.3%
31.0%
EBITDA
17,889
24,502
27,968
33,881
37,854
Cash and Investments (no debt)
28,270
33,946
36,787
33,059
45,497
EPS (US cents, fully diluted)*
3.30
5.12
6.03
6.87
7.70
Dividend Per Share (US cents)*
1.60
2.60
4.50
6.00
5.00
Financial Year Ended 31 December
Revenues (US$ ‘000)
Gross Profit (US$ ‘000)
Net Profit (US$ ‘000)
100,000
80,000
60,000
40,000
20,000
0
2010 2011 2012 2013 2014
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
2010 2011 2012 2013 2014
2010 2011 2012 2013 2014
30,000
25,000
20,000
15,000
10,000
5,000
0
* Adjusted for bonus issue in May 2012
Gross Profit Margin (%)
EPS (US cents)
80
70
60
50
40
30
20
10
0
2010 2011 2012 2013 2014
8
7
6
5
4
3
2
1
0
2010 2011 2012 2013 2014
EBITDA (US$ ‘000)
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0,000
2010 2011 2012 2013 2014