Cygnus Oil & Gas Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2005	FY 2004	FY 2003
Period Ending	Sep '06 Sep 30, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004	Dec '03 Dec 31, 2003
Revenue	1.18	0.49	0.2	-
Revenue Growth (YoY)	297.61%	143.28%	-	-
Cost of Revenue	0.74	0.31	-	-
Gross Profit	0.44	0.18	0.2	-
Selling, General & Admin	6.12	3.51	2.31	0.04
Operating Expenses	13.72	5.71	4.01	0.04
Operating Income	-13.28	-5.53	-3.81	-0.04
Interest Expense	-2.14	-1.94	-7.96	-0.01
Interest & Investment Income	0.06	0.03	0.01	-
Earnings From Equity Investments	-0.76	-5.12	-3.51	-
Other Non Operating Income (Expenses)	0.27	0.27	0.21	-
EBT Excluding Unusual Items	-15.83	-12.29	-15.05	-0.04
Impairment of Goodwill	-	-	-0.66	-
Gain (Loss) on Sale of Investments	-	-	-0.14	-
Other Unusual Items	-0.89	-1.7	-	-
Pretax Income	-16.73	-13.99	-15.85	-0.04
Earnings From Continuing Operations	-16.73	-13.99	-15.85	-0.04
Minority Interest in Earnings	0	0.3	0.26	-
Net Income	-16.73	-13.68	-15.6	-0.04
Preferred Dividends & Other Adjustments	0.58	2.72	-	-
Net Income to Common	-17.31	-16.41	-15.6	-0.04
Shares Outstanding (Basic)	78	63	79	167
Shares Outstanding (Diluted)	78	63	79	167
Shares Change (YoY)	27.49%	-20.28%	-52.39%	-
EPS (Basic)	-0.22	-0.26	-0.20	-0.00
EPS (Diluted)	-0.22	-0.26	-0.20	-0.00
Free Cash Flow	-31.44	-7.57	-4.3	-0.02
Free Cash Flow Per Share	-0.40	-0.12	-0.05	-
Gross Margin	37.21%	35.95%	100.00%	-
Operating Margin	-1125.17%	-1132.29%	-1895.14%	-
Profit Margin	-1466.76%	-3358.39%	-7766.24%	-
Free Cash Flow Margin	-2664.61%	-1549.45%	-2140.07%	-
EBITDA	-10.64	-3.6	-2.17	-
D&A For EBITDA	2.64	1.93	1.64	-
EBIT	-13.28	-5.53	-3.81	-0.04

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