Green Energy Resources, Inc. (GRGR)

Green Energy Resources Income Statement

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

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Mar 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Nov 30, 2004
Revenue	5.96	7.27	0.58	0.79	0.88
Revenue Growth (YoY)	577.09%	1146.46%	-26.34%	-10.14%	-
Cost of Revenue	4.5	5.76	0.07	0.11	0
Gross Profit	1.46	1.51	0.52	0.68	0.88
Selling, General & Admin	1.34	1.32	0.49	0.38	0.33
Other Operating Expenses	-	-	-	-	0
Operating Expenses	1.35	1.34	0.51	0.39	0.34
Operating Income	0.11	0.17	0.01	0.29	0.54
Other Non Operating Income (Expenses)	-0	-	-0	-	-0
Pretax Income	0.11	0.17	0.01	0.29	0.54
Income Tax Expense	0.04	0.04	-	0.15	0.22
Net Income	0.07	0.13	0.01	0.14	0.32
Net Income to Common	0.07	0.13	0.01	0.14	0.32
Net Income Growth	-78.68%	1040.54%	-91.80%	-55.99%	-
Shares Outstanding (Basic)	61	61	61	-	40
Shares Outstanding (Diluted)	61	61	61	-	40
Shares Change (YoY)	49.90%	-0.07%	-	-	-
EPS (Basic)	0.00	0.00	0.00	-	0.01
EPS (Diluted)	0.00	0.00	0.00	-	0.01
EPS Growth	-85.79%	1045.31%	-	-	-
Gross Margin	24.52%	20.75%	88.63%	85.70%	99.74%
Operating Margin	1.88%	2.37%	2.00%	36.69%	61.52%
Profit Margin	1.16%	1.83%	2.00%	18.01%	36.77%
EBITDA	0.13	0.19	0.03	0.3	0.55
EBITDA Margin	2.11%	2.56%	4.37%	38.30%	62.67%
D&A For EBITDA	0.01	0.01	0.01	0.01	0.01
EBIT	0.11	0.17	0.01	0.29	0.54
EBIT Margin	1.88%	2.37%	2.00%	36.69%	61.52%
Effective Tax Rate	35.95%	22.53%	-	50.91%	40.07%
Revenue as Reported	5.96	7.27	0.58	0.79	-

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