Innovation Nation Income Statement

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2009	FY 2008	FY 2007	FY 2006	FY 2005
Period Ending	Jun '09 Jun 30, 2009	Jun '08 Jun 30, 2008	Jun '07 Jun 30, 2007	Jun '06 Jun 30, 2006	Jun '05 Jun 30, 2005
Revenue	0.88	0.83	3.61	1.63	-
Revenue Growth (YoY)	5.94%	-77.12%	122.00%	-	-
Cost of Revenue	0.54	0.93	1.27	0.58	-
Gross Profit	0.34	-0.1	2.35	1.05	-
Selling, General & Admin	0.52	1.44	0.85	0.25	0
Operating Expenses	0.5	1.73	2.87	0.89	0
Operating Income	-0.16	-1.83	-0.52	0.16	-0
Interest Expense	-0	-0	-0.01	-0.01	-
Interest & Investment Income	0.12	0	0.01	0	-
Currency Exchange Gain (Loss)	0.01	-0	-0	-	-
Other Non Operating Income (Expenses)	-0	-0.01	-	-0.01	-
EBT Excluding Unusual Items	-0.04	-1.84	-0.53	0.15	-0
Gain (Loss) on Sale of Assets	-0	0	0	-	-
Pretax Income	-0.04	-1.84	-0.52	0.15	-0
Income Tax Expense	-	0.1	0.12	0.19	-
Earnings From Continuing Operations	-0.04	-1.94	-0.64	-0.04	-0
Minority Interest in Earnings	-0	0.01	0	0	-
Net Income	-0.04	-1.93	-0.64	-0.04	-0
Net Income to Common	-0.04	-1.93	-0.64	-0.04	-0
Shares Outstanding (Basic)	100	100	100	65	-
Shares Outstanding (Diluted)	100	100	100	65	-
Shares Change (YoY)	-	-	53.85%	-	-
EPS (Basic)	-0.00	-0.02	-0.01	-0.00	-
EPS (Diluted)	-0.00	-0.02	-0.01	-0.00	-
Free Cash Flow	-0.04	-1.6	-0.54	0.27	-0
Free Cash Flow Per Share	-	-0.02	-0.01	0.00	-
Gross Margin	38.67%	-12.20%	64.96%	64.54%	-
Operating Margin	-18.78%	-221.12%	-14.47%	9.92%	-
Profit Margin	-4.81%	-233.66%	-17.72%	-2.63%	-
Free Cash Flow Margin	-4.33%	-193.16%	-14.87%	16.67%	-
EBITDA	0.05	-1.78	-0.48	0.21	-
EBITDA Margin	6.23%	-215.02%	-13.29%	12.77%	-
D&A For EBITDA	0.22	0.05	0.04	0.05	-
EBIT	-0.16	-1.83	-0.52	0.16	-0
EBIT Margin	-18.78%	-221.12%	-14.47%	9.92%	-
Effective Tax Rate	-	-	-	129.20%	-

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