Allarity Acquisition Corp. (ALLN)
Allin Corporation, established in Pittsburgh, Pennsylvania, in 1994, focuses on developing, designing, and deploying interactive software platforms tailored for the hospitality sector. The company provides DIGIMANAGER, a web-based content management system that allows authorized staff to easily input and edit interactive content, adjust options, schedule modules, monitor system health, and produce reports on usage, guest interactions, and transactions. Its product suite also includes DigiHD, a high-definition interactive television (ITV) solution compatible with IP network infrastructures; DIGIMOBILE, which offers interactive smartphone and tablet applications that seamlessly integrate with existing ITV services; DIGICASINO, delivering high-definition slot and video poker games directly to room televisions; DIGIHD-(COAX), a solution for distributing high-definition ITV services over RF broadcast networks; and DIGIPUBLIC, a digital signage technology enabling cruise lines and land-based destination resorts to centrally manage diverse interactive public displays through DIGIMANAGER. Allin Corporation serves clients primarily in the hotel and cruise industries. The company was formerly known as Allin Communications Corp until its rebranding as Allin Corporation in August 1996.
Sector: Blank Checks
Industry: Broadcasting
Allin Corporation
NASDAQ:ALLNCommunication Services · Broadcasting
Mkt Cap-
Float-
O/S-
Inst Own-
Dilution
Financials Summary
Revenue$25.13M
Net Income$3.35M
Total Assets$18.74M
Free Cash Flow$1M
Debt & Equity
Debt 9%
Equity 42%
Preferred 50%
Total Debt$1.52M
Total Equity$7.26M
Preferred Stock$8.64M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:1,000Reverse splitJul 3, 20131,000 shares → 1
Balance Sheet Details
Assets$18.74M
Liabilities$11.49M
Accounts Receivable$6.52M
Accounts Payable$3.13M
Inventory$210K
PP&E (Net)$444K
Goodwill$6.21M
Intangible Assets$1.65M
Income Statement
| Period | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Revenue | $25.13M | $19.05M | $14.3M | $12.57M | $12.94M | $13.33M | $18.08M | $24.09M | $25M | $15.3M | $13.2M | $1.3M |
| YoY Growth | 31.9% | 33.2% | 13.8% | -2.9% | -3.0% | -26.3% | -24.9% | -3.6% | 63.4% | 15.9% | 915.4% | - |
| Cost of Revenue | $11.24M | $8.73M | $6.43M | $6.03M | $5.86M | $6.88M | $9.72M | $15.07M | $15.6M | $5.2M | $4M | $600K |
| Gross Profit | $13.88M | $10.32M | $7.88M | $6.54M | $7.07M | $6.45M | $8.36M | $9.02M | $9.4M | $10.1M | $9.2M | $700K |
| Gross Margin | 55.3% | 54.2% | 55.1% | 52.0% | 54.7% | 48.4% | 46.2% | 37.4% | 37.6% | 66.0% | 69.7% | 53.8% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other | $11.71M | $9.42M | $8.84M | $6.22M | $6.06M | $5.7M | $19.5M | $11.84M | $11.8M | $17.4M | $20.3M | $9.4M |
| Total Operating Expenses | $11.71M | $9.42M | $8.84M | $6.22M | $6.06M | $5.7M | $19.5M | $11.84M | $11.8M | $17.4M | $20.3M | $9.4M |
| Operating Income (EBIT) | $2.18M | $897K | $965K | $319K | $1.01M | $754K | $11.14M | $2.82M | $2.4M | $7.3M | $11.1M | $7.5M |
| Operating Margin | 8.7% | 4.7% | 6.7% | 2.5% | 7.8% | 5.7% | 61.6% | 11.7% | 9.6% | 47.7% | 84.1% | 576.9% |
| Interest Expense | $127K | $16K | $26K | $77K | $74K | $27K | $117K | $212K | $0 | $0 | $0 | $800K |
| Interest Income | $1K | $2K | $32K | $41K | $34K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$126K | -$14K | -$1.93M | -$36K | -$40K | -$27K | -$22.4M | -$5.85M | -$5M | $0 | $400K | $0 |
| Income Before Tax (EBT) | $2.05M | $883K | -$965K | $283K | $970K | $727K | -$11.26M | -$3.03M | -$2.6M | $0 | $11.5M | $0 |
| Income Tax Expense | -$1.29M | -$977K | -$5K | -$1K | $190K | -$272K | -$22.28M | -$79K | -$5M | $0 | $400K | $800K |
| Net Income | $3.35M | $1.86M | -$954K | $284K | $780K | $1.01M | -$11.95M | -$2.95M | -$2.7M | -$5.7M | -$10.7M | -$8.3M |
| Net Income Margin | 13.3% | 9.8% | -6.7% | 2.3% | 6.0% | 7.6% | -66.1% | -12.3% | -10.8% | -37.3% | -81.1% | -638.5% |
| Supplementary Data | ||||||||||||
| EPS | 421.68 | 246.26 | -132.78 | 40.76 | 111.96 | 144.83 | -1714.90 | -463.66 | -452.11 | -1042.81 | -2074.85 | -1567.81 |
| Diluted EPS | 269.04 | 154.78 | -132.78 | 40.76 | 111.75 | 89.66 | -1714.90 | -463.66 | -452.11 | -1035.23 | -2074.85 | -1567.81 |
| Weighted Average OS | 7,935 | 7,553 | 7,185 | 6,967 | 6,967 | 6,967 | 6,966 | 6,371 | 5,972 | 5,466 | 5,157 | 5,294 |
| EBITDA | $2.83M | $1.3M | -$574K | $561K | $1.31M | $1.31M | -$10.21M | -$683K | -$200K | -$2.2M | -$6.6M | -$6.1M |
| EBITDA Margin | 11.3% | 6.8% | -4.0% | 4.5% | 10.1% | 9.8% | -56.5% | -2.8% | -0.8% | -14.4% | -50.0% | -469.2% |
Balance Sheet
| Period | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $900K | $369K | $1.53M | $3.09M | $4.58M | $1.9M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $900K | $369K | $1.53M | $3.09M | $4.58M | $1.9M |
| Accounts Receivable | $6.52M | $4.24M | $3.29M | $2.98M | $2.1M | $4.85M |
| Inventory | $210K | $183K | $72K | $62K | $68K | $24K |
| Other Current Assets | $1.27M | $1.15M | $447K | $334K | $458K | $927K |
| Total Current Assets | $8.9M | $5.95M | $5.34M | $6.46M | $7.21M | $7.7M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $444K | $189K | $224K | $141K | $117K | $148K |
| Goodwill | $6.21M | $4.96M | $3.15M | $0 | $0 | $0 |
| Intangible Assets | $1.65M | $1.85M | $1.6M | $2.14M | $790K | $2.33M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $1.54M | $280K | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $3K | $59K | $9K | $1.04M | $129K |
| Total Long-Term Assets | $9.85M | $7.29M | $5.03M | $2.29M | $1.95M | $2.61M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $18.74M | $13.23M | $10.36M | $8.75M | $9.16M | $10.3M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $3.13M | $2.19M | $866K | $750K | $979K | $2.56M |
| Short-Term Debt | $1.52M | $0 | $0 | $1M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $310K | $323K | $361K | $148K | $30K | $28K |
| Other Current Liabilities | $2.45M | $2.33M | $4.86M | $1.06M | $1.29M | $1.28M |
| Total Current Liabilities | $7.42M | $4.85M | $6.08M | $2.96M | $2.29M | $3.87M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $1M | $1M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $16K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.07M | $3.34M | $41K | $2.4M | $2.03M | $1.69M |
| Total Long-Term Liabilities | $4.07M | $3.34M | $57K | $2.4M | $3.03M | $2.69M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.49M | $8.19M | $6.14M | $5.36M | $5.32M | $6.55M |
| Stockholders' Equity | ||||||
| Preferred Stock | $8.64M | $8.64M | $8.64M | $6.72M | $6.71M | $6.69M |
| Common Stock | $83K | $78K | $75K | $70K | $70K | $70K |
| Retained Earnings | -$39M | -$42.35M | -$44.21M | -$43.26M | -$43.54M | -$44.32M |
| Comprehensive Income & Other | $590K | $590K | $590K | $419K | $419K | $1.02M |
| Other Stockholders' Equity | $46.18M | $47.31M | $48.36M | $46.58M | $47.3M | $48M |
| Total Equity | $7.26M | $5.04M | $4.22M | $3.39M | $3.83M | $3.75M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $18.74M | $13.23M | $10.36M | $8.75M | $9.16M | $10.3M |
| Supplementary Data | ||||||
| Total Debt | $1.52M | $0 | $0 | $1M | $1M | $1M |
| Net Debt | $620K | -$369K | -$1.53M | -$2.09M | -$3.58M | -$895K |
Cash Flow Statement
| Period | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Operating Activities | ||||||||||||
| Net Income | $3.35M | $1.86M | -$954K | $284K | $780K | $1.01M | -$11.95M | -$2.95M | -$2.7M | -$5.7M | -$10.7M | -$8.3M |
| Depreciation & Amortization | $650K | $405K | $359K | $201K | $268K | $548K | $1.61M | $2.14M | $2.5M | $3.5M | $4.1M | $1.4M |
| Deferred Income Tax | -$1.33M | -$994K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$27K | -$112K | -$9K | $6K | -$44K | $51K | $496K | -$250K | -$300K | -$300K | -$100K | -$100K |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$1.33M | -$482K | $166K | -$1.25M | $1.64M | -$1.24M | $1.25M | -$1.03M | $300K | -$400K | -$1M | $1.7M |
| Total Working Capital Change | -$1.36M | -$594K | $157K | -$1.25M | $1.6M | -$1.19M | $1.75M | -$1.28M | -$300K | -$700K | -$1.1M | $1.6M |
| Other Non-Cash Items | $164K | $84K | $631K | $186K | $510K | -$297K | $11.11M | $163K | $900K | $1.7M | $1.2M | $600K |
| Net Cash from Operating | $1.47M | $761K | $193K | -$578K | $3.15M | $67K | $2.52M | -$1.93M | $400K | -$1.2M | -$6.5M | -$4.7M |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$467K | -$105K | -$147K | -$116K | -$99K | -$43K | -$85K | -$444K | -$400K | -$2.6M | -$3.1M | -$6.6M |
| Acquisitions | -$578K | -$1.12M | -$2.67M | -$459K | $0 | $0 | -$60K | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $1K | $0 | $0 | $17K | $0 | $0 | $2K | $186K | $500K | $2.2M | $200K | -$3.9M |
| Net Cash from Investing | -$1.04M | -$1.23M | -$2.82M | -$558K | -$99K | -$43K | -$143K | -$258K | $100K | -$400K | -$2.9M | -$10.5M |
| Financing Activities | ||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $2.5M | $0 | $0 | $0 | $0 | $1.43M | $0 | $2.8M | $0 | $31.6M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$306K | -$200K | $0 | $0 | $0 |
| Dividends Paid | -$715K | -$700K | -$436K | -$356K | -$355K | -$355K | -$326K | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $823K | $3K | $1.5M | $3K | -$15K | $0 | -$2.16M | $2.63M | -$1.1M | -$2.8M | $0 | $31.2M |
| Net Cash from Financing | $108K | -$697K | $1.07M | -$353K | -$370K | -$355K | -$2.48M | $2.63M | -$1.1M | -$2.8M | $0 | $31.2M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.6M | $0 | $15.2M |
| Net Change in Cash | $531K | -$1.16M | -$1.56M | -$1.49M | $2.69M | -$331K | -$104K | $442K | -$600K | -$2.8M | -$9.4M | $31.2M |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | $1.47M | $761K | $193K | -$578K | $3.15M | $67K | $2.52M | -$1.93M | $400K | -$1.2M | -$6.5M | -$4.7M |
| Capital Expenditure | -$467K | -$105K | -$147K | -$116K | -$99K | -$43K | -$85K | -$444K | -$400K | -$2.6M | -$3.1M | -$6.6M |
| Free Cash Flow | $1M | $656K | $46K | -$694K | $3.06M | $24K | $2.44M | -$2.38M | $0 | -$3.8M | -$9.6M | -$11.3M |
| Cash at Beginning | $369K | $1.53M | $3.09M | $4.58M | $1.9M | $2.23M | $2.33M | $1.89M | $2.5M | $6.8M | $16.2M | $200K |
| Cash at End | $900K | $369K | $1.53M | $3.09M | $4.58M | $1.9M | $2.23M | $2.33M | $1.9M | $4M | $6.8M | $31.4M |