Entertaining Gaming Asia Inc (fka EGT) (EGT)

[Troy Lando]

EGT 10k 74% revenue 149% gaming revs

Old Basis % Change
Years Ended December 31, From 2009 to
(amounts in thousands,
except per unit data) 2011 2010 2009 2011
Total:
Revenues $ 27,129 $ 22,205 $ 15,623 74 %
Gross profit/(loss) $ 10,204 $ 6,510 $ (2,253 ) NM
Gross margin percentage 38 % 29 % (14 )%
Operating income/(loss) (2) $ 847 $ (5,686 ) $ (27,896 ) NM
Net income/(loss) $ 642 $ (5,210 ) $ (26,359 ) NM
Adjusted EBITDA (1,2) $ 11,737 $ 8,350 $ 140 8,284 %

Gaming:
Revenues $ 17,396 $ 14,312 $ 6,998 149 %
Average net win per unit (3) $ 140 $ 117 $ 89 57 %
Gross profit/(loss) $ 8,817 $ 5,533 $ (4,107 ) NM
Gross margin percentage 51 % 39 % (59 )%

Other products:
Revenues $ 9,733 $ 7,893 $ 8,625 13 %
Gross profit $ 1,387 $ 977 $ 1,854 (25 )%
Gross margin percentage 14 % 12 % 21 %




Old Basis % Change
December 31, From 2009 to
(amounts in thousands) 2011 2010 2009 2011
Cash and cash equivalents $ 12,759 $ 10,217 $ 4,190 205 %
Total debt (4) $ 6,211 $ 9,202 $ 9,393 (34 )%

http://biz.yahoo.com/e/120330/egt10-k.html