Biochar Now, Inc. (GPRC)

Biochar Now Income Statement

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

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Mar 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009
Revenue	69.2	72.26	79.04	63.6	47.53	47.26
Revenue Growth (YoY)	-10.95%	-8.58%	24.28%	33.80%	0.57%	85.85%
Cost of Revenue	55.66	56.49	60.44	44.11	32.18	36.83
Gross Profit	13.55	15.77	18.6	19.49	15.36	10.43
Selling, General & Admin	2.71	2.73	2.72	2.39	1.92	1.6
Operating Expenses	2.71	2.73	2.72	2.39	1.92	1.6
Operating Income	10.84	13.04	15.89	17.1	13.44	8.83
Interest Expense	-0.06	-0.04	-	-0.03	-0.09	-0.08
Interest & Investment Income	0.05	0.06	0.06	0.09	0.03	0.01
Currency Exchange Gain (Loss)	0.14	0.05	0.06	0.16	-	-
Other Non Operating Income (Expenses)	-0.04	-0.03	0.01	0.01	-	-
EBT Excluding Unusual Items	10.94	13.07	16.01	17.32	13.38	8.76
Gain (Loss) on Sale of Assets	0	0	-0.03	-0.07	-	-
Other Unusual Items	0.03	0.03	-	-	-	-
Pretax Income	10.97	13.11	15.98	17.25	13.38	8.76
Income Tax Expense	2.88	3.41	4.14	4.45	3.46	2.32
Net Income	8.09	9.7	11.84	12.79	9.93	6.45
Net Income to Common	8.09	9.7	11.84	12.79	9.93	6.45
Net Income Growth	-33.33%	-18.05%	-7.49%	28.87%	53.99%	102.13%
Shares Outstanding (Basic)	10	10	10	10	10	7
Shares Outstanding (Diluted)	10	10	10	10	10	7
Shares Change (YoY)	0.12%	1.11%	2.94%	-	50.95%	10.41%
EPS (Basic)	0.78	0.93	1.15	1.28	0.99	0.97
EPS (Diluted)	0.78	0.93	1.15	1.28	0.99	0.97
EPS Growth	-33.41%	-18.94%	-10.13%	28.87%	2.01%	83.07%
Free Cash Flow	0.8	-0.99	-0.97	-2.19	6.66	10.91
Free Cash Flow Per Share	0.08	-0.10	-0.09	-0.22	0.67	1.65
Gross Margin	19.58%	21.82%	23.54%	30.64%	32.30%	22.07%
Operating Margin	15.67%	18.05%	20.10%	26.88%	28.27%	18.68%
Profit Margin	11.69%	13.42%	14.97%	20.11%	20.89%	13.64%
Free Cash Flow Margin	1.16%	-1.37%	-1.23%	-3.44%	14.01%	23.08%
EBITDA	12.03	14.15	16.79	17.71	13.89	9.24
EBITDA Margin	17.38%	19.58%	21.24%	27.85%	29.23%	19.55%
D&A For EBITDA	1.19	1.11	0.9	0.62	0.45	0.41
EBIT	10.84	13.04	15.89	17.1	13.44	8.83
EBIT Margin	15.67%	18.05%	20.10%	26.88%	28.27%	18.68%
Effective Tax Rate	26.26%	26.01%	25.93%	25.82%	25.82%	26.42%

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