LONDON, UK / ACCESSWIRE / July 17, 2018 / If you want access to our free earnings report on Xplore Technologies Corp. (NASDAQ: XPLR) ("Xplore"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=XPLR. The Company reported its fourth quarter fiscal year 2018 and full fiscal year 2018 operating and financial results on July 05, 2018. The rugged tablet maker outperformed top- and bottom-line expectations. Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Xplore Technologies most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=XPLR

Earnings Highlights and Summary

For the fourth quarter ended March 31, 2018, Xplore reported revenues of $20.3 million, reflecting an increase of 20% from $16.9 million in Q4 FY17. The Company's revenues for the reported quarter reflected an increased demand for rugged tablets, increased international sales, and the fulfilment of large multi-quarter customer contracts. The Company's revenues beat analysts' estimates by $1.77 million.

For the full fiscal year 2018, Xplore reported total revenues of $86.9 million, up 11.6% from $77.9 million in FY17. The change in revenues reflected a strong growth across Xplore's customer base, increased international sales, and the rising adoption of rugged solutions in the mobile workplace.

During Q4 FY18, Xplore's gross profit was $5.7 million, or 28.2% of revenues, compared to $4.8 million, or 28.1% of revenues, in Q4 FY17. The marginal gain in gross margin reflected a change in product mix and an overweighting of fulfillment for larger customers with negotiated pricing.

For Q4 FY18 Xplore's operating expenses were $6.2 million compared to $5.2 million in Q4 FY17; reflecting continued lean operating practices plus increased headcount in sales and marketing, and expansion ahead of the Company's rugged handheld market entry.

Xplore reported a net loss of $638,000, or $0.05 loss per share, in Q4 FY18 compared to a net loss of $488,000, or $0.04 loss per share, in Q4 FY17. The Company's earnings numbers were better than Wall Street's estimates for a loss of $0.06 per share.

For Q4 FY18, Xplore's earnings before interest, tax, depreciation, and amortization (EBITDA), adjusted for non-cash compensation, severance, and tax settlement charges, were $171,000 compared to positive $1.7 million in the preceding quarter and positive $30,000 in Q4 FY17.

For FY18, Xplore's net profit was $300,000, or $0.03 per diluted share, compared to a net loss of $2.6 million, of $0.23 loss per basic share, in FY17.

Cash Flow and Balance Sheet

For the year ended March 31, 2018, Xplore's net cash used in operating activities was $16.5 million, primarily to finance increased accounts receivable due to revenue growth and added inventory to ensure fulfillment of large customer orders and minimum order quantities on certain legacy products. At the end of the quarter, the Company's cash was $46,000 and debt under its line of credit was $14.2 million.

Zebra Technologies Transaction

On July 05, 2018, Xplore announced a definitive agreement to be acquired by Zebra Technologies Corp. Under the terms of the agreement, Zebra will acquire all of the outstanding shares of Xplore for $6.00 per share. Zebra plans to effect the acquisition via commencing a tender offer. The transaction is subject to customary closing conditions and is expected to close in the third quarter of the fiscal year 2018.

Stock Performance Snapshot

July 16, 2018 - At Monday's closing bell, Xplore Technologies' stock ended the trading session flat at $5.96.

Volume traded for the day: 161.64 thousand shares, which was above the 3-month average volume of 91.17 thousand shares.

Stock performance in the last month ? up 88.01%; previous three-month period ? up 81.43%; past twelve-month period ? up 199.50%; and year-to-date ? up 109.86%

After yesterday's close, Xplore Technologies' market cap was at $65.68 million.

Price to Earnings (P/E) ratio was at 212.86.

The stock is part of the Technology sector, categorized under the Diversified Computer Systems industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors