CTX Virtual Technologies, Inc. (CTXV)

CTX Virtual Technologies Income Statement

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

Fiscal Year	FY 2012	FY 2011	FY 2010
Period Ending	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010
Revenue	119.16	39.98	34.3
Revenue Growth (YoY)	198.05%	16.55%	-
Cost of Revenue	99.13	34.23	28.02
Gross Profit	20.03	5.75	6.28
Selling, General & Admin	5.22	4.69	4.29
Operating Expenses	5.33	6.31	4.29
Operating Income	14.71	-0.56	1.99
Interest Expense	-2.89	-0.91	-0.65
Other Non Operating Income (Expenses)	-6.42	-0.15	-3.72
EBT Excluding Unusual Items	5.39	-1.62	-2.39
Impairment of Goodwill	18.79	-	-
Gain (Loss) on Sale of Assets	-5.1	-	-
Other Unusual Items	-0.02	3.38	-4.83
Pretax Income	19.06	1.76	-7.22
Income Tax Expense	5.47	0.24	-0.73
Net Income	13.59	1.52	-6.49
Net Income to Common	13.59	1.52	-6.49
Net Income Growth	794.63%	-	-
Shares Outstanding (Basic)	20	16	4
Shares Outstanding (Diluted)	34	30	4
Shares Change (YoY)	14.01%	739.82%	-
EPS (Basic)	0.67	0.09	-1.80
EPS (Diluted)	0.39	0.05	-1.80
EPS Growth	680.02%	-	-
Free Cash Flow	29.45	-6.35	-4.13
Free Cash Flow Per Share	0.85	-0.21	-1.15
Gross Margin	16.81%	14.39%	18.30%
Operating Margin	12.34%	-1.40%	5.80%
Profit Margin	11.40%	3.80%	-18.91%
Free Cash Flow Margin	24.72%	-15.89%	-12.04%
EBITDA	16.91	-0.53	2
EBITDA Margin	14.19%	-1.33%	5.83%
D&A For EBITDA	2.2	0.03	0.01
EBIT	14.71	-0.56	1.99
EBIT Margin	12.34%	-1.40%	5.80%
Effective Tax Rate	28.72%	13.58%	-
Advertising Expenses	0.06	0.01	0.63

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