Brightpoint, Inc. (NASD: CELL)
Complete Financials: March 2001 Exchange
FY END DEC
ISSUE DATA (06/29/01) PER SHARE DATA RATIOS
Price $ 2.90 EPS (TTM) $ 0.48 P/E (TTM) 6.08
52W High $ 10.25 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 1.88 Book Value $ 3.60 Price/Book 0.81
Shrs Out 55.80 Mil Cash $ 1.35 ROE (TTM) 14.37 %
Float 51.90 Mil Rev (TTM) $ 34.00 ROA (TTM) 4.03 %
Mon. Vol 9.21 Mil Curr. Ratio 2.13
Beta 2.10 LT Dbt/Eqty 0.88
BRIEF: Brightpoint, Inc. is a provider of outsourced
services in the global wireless telecommunications and data
industry, including contract manufacturing, customized
packaging, prepaid and e-commerce solutions, and inventory
management. For the 3 months ended 3/31/01, revenues fell
3%to $465.3M. Net income before extra. item fell 78% to
$1.4M. Results reflect the economic uncertainty in the
U.S., inventory surpluses, and decreased gross margins.
Brightpoint, Inc. QUARTERLY SUMMARY
HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars)
REVENUE 1998 1999 2000 2001
1st Qtr MAR 335,344 369,545 477,772 465,326
2nd Qtr JUN 313,052 405,347 461,810
3rd Qtr SEP 423,609 458,532 517,360
4th Qtr DEC 501,271 534,697 520,069
EPS (U.S. Dollars per share)
1st Qtr MAR 0.170 -0.020 0.120 0.030
2nd Qtr JUN 0.170 -1.700 0.160
3rd Qtr SEP 0.180 0.050 0.160
4th Qtr DEC -0.140 0.180 0.130
FY'92-'95 and FY'95 & '96 Q's restated for 6/96 merger with
the Allied Companies. FY'97-'98 are reclassfied, FY'99 Q's
are being reclass. FY'98-'99 Summ. Q's reflect reclassif.
DIVIDENDS EMPLOYEES
Last Dividend Decl. $ NA # Employees 1,800
Last Div Ex-Date NA Sales/Employee (TTM) 1,091,425
Last Div Pay Date NA Net. Income/Empl.(TTM) 14,868
Brightpoint, Inc. COMPANY COMPARISON
TO THE WHOLESALE TRADE AND S&P 500 AGGREGATES
VALUATION RATIOS: COMPANY INDUSTRY S&P 500
P/E Ratio 6.08 28.30 28.07
Dividend Yield 0.00 0.51 1.27
Price to Tangible Book 1.24 5.87 8.68
Price to Book 0.81 3.64 6.04
Price to Free Cash Flow 21.48 49.97 43.34
GROWTH STATISTICS:
3 Yr Rev Growth 25.25 15.85 15.12
3 Yr EPS Growth 2.53 16.40 17.52
3 Yr Div Growth NM 5.81 10.97
Reinvestment Rate 100.00 88.51 72.80
PROFITABILITY RATIOS:
Net Profit Margin 1.36 2.33 11.32
Return on Equity 14.37 11.16 19.91
Interest Coverage NM 12.80 9.12
FINANCIAL STRENGTH RATIOS:
Current Ratio 2.13 1.82 1.61
LT Debt to Equity 0.88 0.75 0.75
Total Debt to Equity 0.88 0.96 1.02
Brightpoint, Inc. TRADING & PRICE PERFORMANCE
INSTITUTIONAL OWNERSHIP INSIDER TRADING (Prev. 6 months)
% Shares Out. Owned 43.67 % Net Insider Trades 0
# of Institutions 181 # Buy Transactions 0
Total Shs Held 24.366 Mil # Sell Transactions 0
3 Mo. Net Purch. -4.146 Mil Net Shares Bought 0.000 Mil
3 Mo. Shs Purch. 3.708 Mil # Shares Bought 0.000 Mil
3 Mo. Shs Sold 7.854 Mil # Shares Sold 0.000 Mil
4 Week Price % Change -22.7% 4 Week Rel. Price % Change -20.4%
13 Week Price % Change 20.5% 13 Week Rel. Price % Change 14.2%
26 Week Price % Change -17.1% 26 Week Rel. Price % Change -10.7%
52 Week Price % Change -66.5% 52 Week Rel. Price % Change -60.2%
YTD Week Price % Change -17.1% YTD Week Rel. Price % Change -10.7%
SHORT INTEREST
Current month 1.037 Mil
Previous month 0.799 Mil
Avg Daily Vol. 0.438 Mil
MARKET MAKERS: NITE LEHM SBSH UBSS GMGS COWN TSCO MLCO
Brightpoint, Inc. EQUITY, OFFICERS & ADDRESS
Common Stock $.01 Par, 5/01, 100M auth., 55,798,305 issd.
Insiders own 7%. IPO 4/94, 2M shares @ $6.25 by Sands
Brothers & Co. PO 8/97, 4.5M shares (2.2M by Co.) @ $30 by
Merrill Lynch. 11/97, 2-for-1 stock split; 3/97 & 9/95,
5-for-4 stock splits. *9/95, Name changed from Wholesale
Cellular USA.
OFFICERS: J. Mark Howell, Pres./COO, Robert J.Laikin,
Chmn./CEO, Phillip A. Bounsall, Exec.VP/CFO/Treas., Steven
Fivel, Exec. VP/Counsel/Secy. TRANSFER AGENT: Continental
Stock Transfer & Trust. Company reincorporated 1994 in DE.
Direct inquiries to: Director of Investor Relations.
ADDRESS & PHONE NUMBERS
Brightpoint, Inc.
6402 Corporate Drive
Indianapolis, IN 46278
PHONE: (317) 297-6100
FAX: (317) 297-6114
:=) Gary Swancey
