Encore Energy Systems, Inc. (ENCS)

Encore Energy Systems Income Statement

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

Fiscal Year	FY 2008	FY 2007	FY 2003	FY 2002	FY 2001
Period Ending	Dec 31, 2008	Dec 31, 2007	Jun 30, 2003	Jun 30, 2002	Jun 30, 2001
Revenue	10.84	0.76	0.57	0.08	0.01
Revenue Growth (YoY)	1327.83%	33.50%	623.24%	1457.32%	-76.94%
Cost of Revenue	10.38	0.24	0.24	0.06	-
Gross Profit	0.46	0.52	0.32	0.02	0.01
Selling, General & Admin	2.51	0.42	0.95	0.89	0.65
Operating Expenses	2.51	0.42	0.97	0.9	0.68
Operating Income	-2.05	0.1	-0.64	-0.88	-0.68
Interest Expense	-0.17	-0.32	-0.96	-1.08	-0.41
Other Non Operating Income (Expenses)	1.77	-	0.01	-	-
EBT Excluding Unusual Items	-0.45	-0.21	-1.59	-1.96	-1.09
Other Unusual Items	-	-	-	-0.04	-
Pretax Income	-0.45	-0.21	-1.59	-1.99	-1.09
Earnings From Continuing Operations	-0.45	-0.21	-1.59	-1.99	-1.09
Net Income	-0.45	-0.21	-1.59	-1.99	-1.09
Net Income to Common	-0.45	-0.21	-1.59	-1.99	-1.09
Shares Outstanding (Basic)	1,710	3	38	32	24
Shares Outstanding (Diluted)	1,710	3	38	32	30
Shares Change (YoY)	55212.10%	-91.84%	17.66%	6.62%	29.57%
EPS (Basic)	-0.00	-0.07	-0.04	-0.06	-0.04
EPS (Diluted)	-0.00	-0.07	-0.04	-0.06	-0.04
Free Cash Flow	-	-	-0.44	-0.85	-0.54
Free Cash Flow Per Share	-	-	-0.01	-0.03	-0.02
Gross Margin	4.25%	68.89%	57.01%	23.76%	100.00%
Operating Margin	-18.88%	13.79%	-112.66%	-1115.45%	-13385.96%
Profit Margin	-4.14%	-27.80%	-279.00%	-2527.82%	-21518.83%
Free Cash Flow Margin	-	-	-78.02%	-1077.38%	-10684.28%
EBITDA	-	-	-0.63	-0.87	-0.65
EBITDA Margin	-	-	-110.25%	-	-
D&A For EBITDA	-	-	0.01	0.01	0.03
EBIT	-2.05	0.1	-0.64	-0.88	-0.68
EBIT Margin	-18.88%	13.79%	-112.66%	-	-
Revenue as Reported	-	-	0.58	0.08	0.01
Advertising Expenses	-	-	0.03	0.02	0.06

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