First Seismic Corp. (FSEI)

First Seismic Income Statement

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

Fiscal Year	FY 1999	FY 1998	FY 1997	FY 1996	FY 1995
Period Ending	Dec 31, 1999	Dec 31, 1998	Dec 31, 1997	Dec 31, 1996	Dec 31, 1995
Revenue	1.6	3.13	2.42	2.23	2.74
Revenue Growth (YoY)	-49.04%	29.38%	8.48%	-18.72%	-
Cost of Revenue	0.61	1.42	1.12	1.02	1.46
Gross Profit	0.98	1.71	1.3	1.21	1.29
Selling, General & Admin	1.05	1.13	0.95	0.95	1.25
Operating Expenses	2.49	1.59	1.25	1.71	2.27
Operating Income	-1.51	0.12	0.05	-0.49	-0.98
Interest Expense	-0.01	-0.04	-0.03	-0.01	-0.01
Interest & Investment Income	0	0	0	0	0
Other Non Operating Income (Expenses)	0.03	-0.03	-	-0.03	-0
EBT Excluding Unusual Items	-1.49	0.05	0.03	-0.54	-0.99
Other Unusual Items	-	0.31	0.18	0.93	1.76
Pretax Income	-1.49	0.36	0.21	0.39	0.76
Income Tax Expense	-0.15	-	-	-	-
Net Income	-1.34	0.36	0.21	0.39	0.76
Net Income to Common	-1.34	0.36	0.21	0.39	0.76
Net Income Growth	-	71.46%	-46.13%	-49.27%	-
Shares Outstanding (Basic)	8	6	5	5	5
Shares Outstanding (Diluted)	8	6	5	5	5
Shares Change (YoY)	48.22%	5.73%	3.71%	5.27%	-
EPS (Basic)	-0.16	0.06	0.04	0.08	0.16
EPS (Diluted)	-0.16	0.06	0.04	0.08	0.16
EPS Growth	-	62.17%	-48.06%	-51.81%	-
Free Cash Flow	-0.31	1.16	0.49	0.33	0.52
Free Cash Flow Per Share	-0.04	0.21	0.09	0.07	0.11
Gross Margin	61.65%	54.59%	53.72%	54.34%	46.92%
Operating Margin	-94.45%	3.86%	2.27%	-22.18%	-35.60%
Profit Margin	-84.23%	11.43%	8.63%	17.37%	27.84%
Free Cash Flow Margin	-19.49%	36.90%	20.30%	14.75%	19.06%
EBITDA	-0.07	0.58	0.35	0.26	0.04
EBITDA Margin	-4.13%	18.40%	14.46%	11.61%	1.48%
D&A For EBITDA	1.44	0.46	0.3	0.75	1.02
EBIT	-1.51	0.12	0.05	-0.49	-0.98
EBIT Margin	-94.45%	3.86%	2.27%	-22.18%	-35.60%
Revenue as Reported	1.6	3.13	2.42	2.23	2.74

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