TIGE Stock - Tigrent Inc.
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Financial Statements
| Metric | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 |
|---|---|---|---|---|---|
| Revenue | $102.64M | $170.92M | $171.74M | $207.63M | $224.65M |
| Gross Profit | $45.63M | $100.51M | $90.28M | $104.10M | $113.18M |
| Gross Margin | 44.5% | 58.8% | 52.6% | 50.1% | 50.4% |
| Operating Income | $477,000 | $11.93M | $-206,000 | $-8,060,000 | $8.18M |
| Net Income | $-880,000 | $10.14M | $582,000 | $-6,638,000 | $2.30M |
| Net Margin | -0.9% | 5.9% | 0.3% | -3.2% | 1.0% |
| EPS | $-0.07 | $0.86 | $0.05 | $-0.57 | $0.21 |
Tigrent Inc., together with its subsidiaries, provides practical value-based training, conferences, publications, technology-based tools, and mentoring services. It offers instruction and mentoring on the topics of real estate, financial instruments investing, and entrepreneurship in the United States, the United Kingdom, and Canada. The company's training courses include Building Wealth, a curriculum focused on real estate and the fundamentals of negotiating real estate purchases with sellers, rehabilitating distressed properties, and leasing rental units to tenants; and Making Money from Property with Martin Roberts, a real estate curriculum focused on property auctions. Its training courses also comprise Teach Me To Trade, a curriculum focused on financial instrument trading strategies using software and specific teaching techniques; Women in Wealth that teaches women how to take control of their financial circumstances; and Business Success Systems, a business basics curriculum focused on the small business ideas and opportunities that are available to individuals. The company, through its licensing agreement with Rich Global, markets various courses and training programs under the Rich Dad brand, including Rich Dad Learn to be Rich that focuses on real estate training; and Rich Dad Stock Success, which concentrates on financial instruments training. Tigrent Inc. enables customers to access training content through various delivery channels, including live instruction in classroom settings, onsite mentoring, telephonic coaching, conferences, teleconferences, and electronic media, as well as electronic access to live online or pre-recorded on-demand programs. The company was formerly known as Whitney Information Network, Inc. and changed its name to Tigrent Inc. in September 2009. Tigrent Inc. was founded in 1992 and is based in Cape Coral, Florida.
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