Covista Communications Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2005	FY 2004	FY 2003	FY 2002	FY 2001
Period Ending	Apr '05 Apr 30, 2005	Jan '05 Jan 31, 2005	Jan '04 Jan 31, 2004	Jan '03 Jan 31, 2003	Jan '02 Jan 31, 2002	Jan '01 Jan 31, 2001
Revenue	52.9	59.84	84.06	100.96	95.31	133.23
Revenue Growth (YoY)	-33.02%	-28.81%	-16.74%	5.92%	-28.46%	-4.67%
Cost of Revenue	28.91	32.83	47.34	62.47	71.91	116.06
Gross Profit	23.99	27.01	36.72	38.49	23.41	17.17
Selling, General & Admin	22.83	27.05	34.65	40.18	31	26.9
Operating Expenses	25.47	30.6	40.58	47.63	35.57	27.17
Operating Income	-1.48	-3.59	-3.87	-9.14	-12.16	-10
Interest Expense	-0.14	-0.23	-0.34	-0.83	-0.24	-0.11
Interest & Investment Income	0.06	0.05	0.02	0.05	0.16	0.17
Other Non Operating Income (Expenses)	-	-	-	-	0.01	0.05
EBT Excluding Unusual Items	-1.56	-3.77	-4.19	-9.92	-12.24	-9.89
Merger & Restructuring Charges	-0.38	-0.38	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.27	-0.01
Gain (Loss) on Sale of Assets	-0.7	-0.7	-	-	-	-
Legal Settlements	-	-	-	-	-	1.26
Other Unusual Items	-0.31	-0.31	-	-	-	-
Pretax Income	-2.94	-5.15	-0.94	-9.92	-11.97	-8.63
Income Tax Expense	0.18	0.18	-	-0.51	-	-
Net Income	-3.12	-5.33	-0.94	-9.41	-11.97	-8.63
Net Income to Common	-3.12	-5.33	-0.94	-9.41	-11.97	-8.63
Shares Outstanding (Basic)	18	18	18	13	10	7
Shares Outstanding (Diluted)	18	18	18	13	10	7
Shares Change (YoY)	0.09%	0.15%	33.97%	30.18%	39.32%	3.61%
EPS (Basic)	-0.17	-0.30	-0.05	-0.71	-1.17	-1.18
EPS (Diluted)	-0.17	-0.30	-0.05	-0.71	-1.17	-1.18
Free Cash Flow	-5	-5.34	1.97	-9	-9.43	-1.16
Free Cash Flow Per Share	-0.28	-0.30	0.11	-0.68	-0.92	-0.16
Gross Margin	45.36%	45.13%	43.68%	38.12%	24.56%	12.89%
Operating Margin	-2.80%	-6.01%	-4.60%	-9.05%	-12.76%	-7.50%
Profit Margin	-5.89%	-8.91%	-1.12%	-9.32%	-12.56%	-6.48%
Free Cash Flow Margin	-9.46%	-8.93%	2.34%	-8.92%	-9.89%	-0.87%
EBITDA	1.17	-0.04	2.07	-1.7	-7.59	-6.42
EBITDA Margin	2.20%	-0.07%	2.46%	-1.68%	-7.97%	-4.82%
D&A For EBITDA	2.65	3.55	5.93	7.44	4.57	3.58
EBIT	-1.48	-3.59	-3.87	-9.14	-12.16	-10
EBIT Margin	-2.80%	-6.01%	-4.60%	-9.05%	-12.76%	-7.50%

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