Here Media Inc. (HRDI)

Here Media Income Statement

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

Fiscal Year	TTM	FY 2009	FY 2008
Period Ending	Mar 31, 2010	Dec 31, 2009	Dec 31, 2008
Revenue	27.29	26.92	24.35
Revenue Growth (YoY)	-5.46%	10.57%	-
Cost of Revenue	21.47	21.45	11.46
Gross Profit	5.82	5.48	12.89
Selling, General & Admin	15.34	15.18	10.96
Operating Expenses	17.02	16.63	11.3
Operating Income	-11.2	-11.16	1.59
Interest Expense	-0.19	-0.09	-0.01
EBT Excluding Unusual Items	-11.39	-11.24	1.58
Merger & Restructuring Charges	-3.67	-4.05	-0.61
Other Unusual Items	-	-	0.28
Pretax Income	-15.06	-15.3	1.26
Income Tax Expense	0.04	0.04	0.01
Earnings From Continuing Operations	-15.11	-15.34	1.25
Earnings From Discontinued Operations	-	-	-0.02
Net Income	-15.11	-15.34	1.23
Net Income to Common	-15.11	-15.34	1.23
Shares Outstanding (Basic)	20	19	17
Shares Outstanding (Diluted)	20	19	17
Shares Change (YoY)	19.73%	13.61%	-
EPS (Basic)	-0.76	-0.81	0.07
EPS (Diluted)	-0.76	-0.81	0.07
Free Cash Flow	-3.16	-6.38	0.96
Free Cash Flow Per Share	-0.16	-0.34	0.06
Gross Margin	21.32%	20.34%	52.95%
Operating Margin	-41.03%	-41.44%	6.53%
Profit Margin	-55.35%	-56.98%	5.04%
Free Cash Flow Margin	-11.56%	-23.71%	3.93%
EBITDA	-9.53	-9.71	1.93
EBITDA Margin	-34.90%	-36.06%	7.93%
D&A For EBITDA	1.67	1.45	0.34
EBIT	-11.2	-11.16	1.59
EBIT Margin	-41.03%	-41.44%	6.53%
Effective Tax Rate	-	-	1.11%
Revenue as Reported	27.29	26.92	24.35
Advertising Expenses	-	2.38	1.45

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