This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Helios And Matheson Reports Results For The Fourth Quarter And The Year Ending December 31, 2013

Stocks in this article: HMNY

NEW YORK, Jan. 31, 2014 (GLOBE NEWSWIRE) -- Helios and Matheson Analytics Inc. (the "Company") (Nasdaq:HMNY), a 30 year old organization focused on the banking, financial services, insurance and healthcare sectors, is providing the following preliminary (unaudited) information regarding the results of its operations for the fourth quarter of the year ended December 31, 2013:

Revenue for Q4-2013 is expected to be approximately $3.2 million compared to $3.3 million for Q4-2012. Net income during Q4-2013 is expected to be $70,000 as compared to $164,000 during Q4-2012. Revenue for the twelve months ending December 31, 2013 is expected to be approximately $13.3 million as compared to $12.3 million for the twelve months ending December 31, 2012, which is approximately a 7% increase. Net income is expected to be approximately $383,000 or $0.16 per basic and diluted share (EPS) for the twelve months ending December 31, 2013 as compared to $422,000 or $0.18 per basic and diluted share (EPS) for the twelve months ending December 31, 2012. For the first three quarters of 2013, quarterly net income was approximately $100,000 and for the fourth the quarter net income is expected to be approximately $70,000. During the second half of the year, the Company has made investments in furthering its analytics business.

The Company continues to be debt free. The Company expects to close the fourth quarter of 2013 with total assets of $5.2 million and total liabilities of $831,000. Below is the summary of selected financial data:

  Three Months Ended Year Ended
(In 000s except per share amounts) 12/31/13 12/31/12 12/31/13 12/31/12
  (Unaudited) (Unaudited) (Unaudited) (Audited)
Revenue  $ 3,232  $ 3,325  $ 13,291  $ 12,369
Gross Profit  $ 601  $ 695  $ 2,733  $ 2,787
Income from operations  $ 68  $ 156  $ 375  $ 506
Net Income  $ 70  $ 164  $ 383  $ 422
Earnings per basic and diluted share  $ 0.03  $ 0.07  $ 0.16  $ 0.18
Dividend Per share $ 0.00 $ 0.00  $ 0.09 $ 0.00

Gross margin was 19% for the fourth quarter of 2013 as compared to 21% for the fourth quarter of 2012. Revenue from high margin RPO (recruitment process outsourcing) was lower during the fourth quarter of 2013 resulting in the lower gross margin. The Company continues to keep a tight control over Selling, General and Administration (SGA) expenses resulting in slightly lower SGA expenses which were approximately of $533,000 for the fourth quarter of 2013 as compared to $540,000 during the fourth quarter of 2012.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,823.90 +45.75 0.26%
S&P 500 2,077.09 +15.86 0.77%
NASDAQ 4,780.7690 +32.3730 0.68%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs