Total revenues for the fiscal fourth quarter 2001 increased to $26.0 million compared to total revenues of $10.8 million for the same period in fiscal 2000, representing an increase of 141%. This was the largest quarter in terms of revenue in Agile’s history. License revenues for the fiscal fourth quarter 2001 increased to $19.2 million from license revenues of $7.3 million for the same period in fiscal 2000, representing an increase of 163%.
Pro forma net loss, which excludes charges associated with amortization of stock compensation, amortization of goodwill and purchased intangible assets, impairment of intangible assets and equity investments, merger related expenses, and payroll taxes on stock option exercises was $2.3 million or ($0.05) per share. This is compared to a pro forma net loss of $0.7 million or ($0.02) per share for the same period in fiscal 2000.
Net loss, including all charges associated with amortization of stock compensation, amortization of goodwill and purchased intangible assets, impairment of intangible assets and equity investments, merger related expenses, and payroll taxes on stock option exercises for the quarter ended April 30, 2001, was $83.7 million or ($1.80) per share in the fourth quarter of fiscal 2001, compared to a net loss of $13.9 million or ($0.31) per share for the same period in fiscal 2000.
For the fiscal year ended April 30, 2001, total revenues were $87.1 million, compared to total revenues of $32.2 million for the fiscal year ended April 30, 2000, an increase of 170%. Pro forma net loss for the fiscal year ended April 30, 2001 was $4.0 million or ($0.09) per share. This is compared to a pro forma net loss of $7.1 million or ($0.18) per share for the fiscal year 2000.
Net loss, including all charges associated with amortization of stock compensation, amortization of goodwill and purchased intangible assets, acquired in-process technology, impairment of intangible assets and equity investments, merger related expenses, and payroll taxes on stock option exercises for the year ended April 30, 2001 was $125.3 million, or ($2.74) per share, compared to a net loss of $35.2 million, or ($1.14) per share, in the same period in fiscal 2000.
During the fourth fiscal quarter of 2001, Agile incurred special charges aggregating $68.8 million, which comprised impairment charges associated with goodwill and certain equity investment, and costs associated with the cancelled Ariba merger.
The net loss per share and number of shares used in the per-share calculation for all periods presented reflect the two-for-one stock split effective March 17, 2000.
Agile has concluded a record fourth quarter and fiscal year 2001, said Bryan D. Stolle, chairman and chief executive officer of Agile. While economic conditions have negatively impacted many of our customers, the need for Agile’s mission-critical solution has remained an essential element of successfully optimizing supplier collaboration. The ability to deliver high ROI solutions with fast implementations and low risk helped us grow domestically and internationally.
