American Racing Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Mar '08 Mar 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004
Revenue	0.58	0.49	-	-	0.04
Cost of Revenue	0.59	0.55	-	-	0.02
Gross Profit	-0.01	-0.06	-	-	0.02
Selling, General & Admin	6.21	5.97	6.26	-	0.02
Operating Expenses	6.21	5.97	6.26	-	0.03
Operating Income	-6.21	-6.04	-6.26	-	-0
Interest Expense	-1.17	-1.2	-0.18	-	-
Other Non Operating Income (Expenses)	0.49	0.55	-	-	-
Pretax Income	-6.52	-6.69	-6.44	-	-0
Earnings From Continuing Operations	-6.52	-6.69	-6.44	-	-0
Earnings From Discontinued Operations	-1.9	-	1.26	-0.12	-
Net Income to Company	-8.42	-6.69	-5.18	-0.12	-0
Minority Interest in Earnings	0.09	0.09	-0.01	-	-
Net Income	-8.33	-6.6	-5.19	-0.12	-0
Net Income to Common	-8.33	-6.6	-5.19	-0.12	-0
Shares Outstanding (Basic)	22	15	2	0	-
Shares Outstanding (Diluted)	22	15	2	0	-
Shares Change (YoY)	1061.75%	855.70%	421.19%	-	-
EPS (Basic)	-0.37	-0.44	-3.31	-0.40	-
EPS (Diluted)	-0.37	-0.44	-3.31	-0.40	-
Free Cash Flow	-1.22	-1.17	-0.42	-0.04	-0
Free Cash Flow Per Share	-0.05	-0.08	-0.27	-0.13	-
Gross Margin	-1.07%	-12.62%	-	-	56.78%
Operating Margin	-1062.27%	-1243.71%	-	-	-7.37%
Profit Margin	-1423.51%	-1359.51%	-	-	-7.37%
Free Cash Flow Margin	-207.92%	-241.96%	-	-	-4.00%
EBITDA	-6.21	-6.03	-6.26	-	0
EBITDA Margin	-	-	-	-	3.72%
D&A For EBITDA	0.01	0	0	0	0
EBIT	-6.21	-6.04	-6.26	-	-0
EBIT Margin	-	-	-	-	-7.37%
Advertising Expenses	-	0.06	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.