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Author: Mariecarmen Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 43  
Subject: Gaiam Reports Second Quarter Results Date: 8/14/2001 3:10 PM
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The price on this stock is going up. I wish I would have bought more shares. The following article is a "little" old, but very positive. Most of you may have read it, but maybe some have not.

PR Newswire, Tuesday, July 24, 2001 at 05:02

/FROM PR NEWSWIRE LOS ANGELES 213-626-5500/ [STK] GAIA [IN] REA SPM HOU [SU] ERN TO BUSINESS EDITOR:
Gaiam Reports Second Quarter Results;

EPS Increased 173%

BROOMFIELD, Colo., July 24 /PRNewswire/ -- Gaiam, Inc. (NASDAQ:GAIA) announced results for its second quarter ended June 30, 2001. Gaiam is a lifestyle company marketing to customers who value healthy living, personal development and renewable energy.

The Company will host a conference call today July 24 at 8:30 a.m. M.D.T. (10:30 a.m. E.D.T) to review its results for the second quarter.

Domestic Dial-in No.: 888-769-9402

International Dial-in No.: +1-312-470-7215

Passcode: Gaiam

For the second quarter ended June 30, 2001, sales increased to $22.0 million from $11.4 million in the quarter ended June 30, 2000. Gross margin for the quarter increased to 60.2% from 59.1% during the same quarter in 2000, primarily benefiting from higher sales contribution of proprietary products. Operating income for the second quarter increased to $1.5 million or 7.0% of revenue from $294,441 or 2.6% of revenue during the same period of 2000.

Net income for the second quarter of 2001 increased to $552,403 from $200,452 during the same period last year. Earnings per share were 5 cents for the second quarter of 2001, up from 2 cents for the second quarter ended June 30, 2000.

For the six months ending June 30, 2001, sales increased to $39.7 million from $23.9 million in the six months ending June 30, 2000. Operating income for the first six months of 2001 increased to $2.3 million or 5.7% of revenue from $750,800 or 3.1% of revenue in the first six months of 2000.

Net income for the first six months of 2001 increased to $971,431 from $403,744 for the first six months of 2000. Earnings per share for the six months ended June 30, 2001 increased to 8 cents from 4 cents in the same period of 2000.

"We are obviously pleased with the results, especially with our internal revenue growth of 67% for the quarter and 43% for six months, which compares favorably to 33% and 29% for the like prior year periods, as well as with the significant improvement in our operating income," said Jirka Rysavy, Chairman and Chief Executive Officer.

"A big part of our internal growth is coming from our retailer channel resulting from increased penetration of existing accounts as well as the expansion into new retail doors," said Lynn Powers, President. "We are particularly pleased with the acceptance by national retailers of our store-within-a-store concept that we launched at the end of the third quarter last year."

This press release includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as "expects," "believes," "will," "should" or comparable terminology or by discussions of strategy. While the Company believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, introduction of the Company's new products and services, the successful completion and integration of acquisitions, the possibility of negative economic conditions, and other risks and uncertainties included in the Company's filings with the Securities and Exchange Commission. The Company assumes no duty to update any forward-looking statements.

A replay of the conference call will begin 1 hour after the end of the call and will continue until July 27, 2001, at 8:00 p.m. M.D.T. The replay number is: 800 934-9421

Contact: Lynn Powers, President, +1-303-222-3230, or Yudi Bahl, Chief Financial Officer, +1-303-222-3676

http: www.gaiam.com


Gaiam, Inc.

Consolidated Statements of Operations

(In thousands, except per share amounts)

(Unaudited)


Three months ended Three months ended

June 30, 2001 June 30, 2000

Net Revenue $22,019 100.0% $11,386 100.0%

Cost of goods sold 8,772 39.8% 4,656 40.9%

Gross profit 13,247 60.2% 6,730 59.1%

Operating expenses 11,698 53.2% 6,436 56.5%

Income from operations 1,549 7.0% 294 2.6%

Interest (net) and other 41 0.2% 26 0.2%

Profit before income taxes 1,590 7.2% 320 2.8%

Provision for income tax 597 2.7% 120 1.0%

Income before minority

interest 993 4.5 % 200 1.8%

Minority interest 441 2.0% -- --

Net income $552 2.5% $200 1.8%

Shares outstanding

Basic 11,362,524 10,856,413

Diluted 11,679,287 11,551,619

Earnings per share:

Basic $0.05 $0.02

Diluted $0.05 $0.02


Gaiam, Inc.

Consolidated Statements of Operations

(In thousands, except per share amounts)

(Unaudited)


Six months ended Six months ended

June 30, 2001 June 30, 2000

Net Revenue $39,690 100.0% $23,945 100.0%

Cost of goods sold 15,619 39.4% 9,578 40.0%

Gross profit 24,071 60.6% 14,367 60.0%

Operating expenses 21,787 54.9% 13,616 56.9%

Income from operations 2,284 5.7% 751 3.1%

Interest (net) and other 109 0.3% (97) (0.4%)

Profit before income taxes 2,393 6.0% 654 2.7%

Provision for income tax 898 2.3% 245 1.0%

Income before minority

interest 1,495 3.7% 409 1.7%

Minority interest 523 1.3% 5 --

Net income $972 2.4% $404 1.7%

Shares outstanding

Basic 11,284,632 10,848,935

Diluted 11,621,677 11,524,526

Earnings per share:

Basic $0.09 $0.04

Diluted $0.08 $0.04

SOURCE Gaiam, Inc.

-0- 07/24/2001

/CONTACT: Lynn Powers, President, +1-303-222-3230, or Yudi Bahl, Chief Financial Officer, +1-303-222-3676, both of Gaiam, Inc./

/Web site: http://www.gaiam.com /


Companies or Securities discussed in this article:

Symbol Name
NASDAQ:GAIA Gaiam, Inc. (NM)



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Author: Frolix8 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 26 of 43
Subject: Re: Gaiam Reports Second Quarter Results Date: 8/14/2001 8:58 PM
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The report looks good. Though with a whole two shares from the Real Goods fiasco, GAIAM will have to rise in price considerably and split a lot. Maybe it is something to pass to a future generation and hold.

Frolix8

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