InfoSearch Media Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Jun '08 Jun 30, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004	Dec '03 Dec 31, 2003
Revenue	4.07	4.91	7.6	9.36	2.8	0.61
Revenue Growth (YoY)	-26.84%	-35.39%	-18.84%	234.49%	357.71%	924.80%
Cost of Revenue	1.1	1.39	2.67	2.55	1.65	0.67
Gross Profit	2.98	3.52	4.93	6.82	1.15	-0.06
Selling, General & Admin	3.83	5.59	11.74	7.09	5.46	1.74
Operating Expenses	3.83	5.59	11.74	7.09	5.46	1.74
Operating Income	-0.85	-2.07	-6.81	-0.27	-4.31	-1.8
Interest Expense	-0.01	-0.01	-0.01	-0.01	-0.01	-0
Interest & Investment Income	0.03	0.06	0.11	0.06	-	-
Other Non Operating Income (Expenses)	0.82	0.23	1.19	0.54	-	-
EBT Excluding Unusual Items	-0.01	-1.78	-5.53	0.31	-4.32	-1.8
Legal Settlements	0.25	0.25	-	-	-	-
Pretax Income	0.24	-1.53	-5.53	0.31	-4.32	-1.8
Income Tax Expense	0	0.01	0.02	-	-	-
Earnings From Continuing Operations	0.24	-1.54	-5.55	0.31	-4.32	-1.8
Earnings From Discontinued Operations	-	-	1.51	-	-	-
Net Income	0.24	-1.54	-4.04	0.31	-4.32	-1.8
Net Income to Common	0.24	-1.54	-4.04	0.31	-4.32	-1.8
Shares Outstanding (Basic)	52	52	47	42	34	34
Shares Outstanding (Diluted)	52	52	47	43	34	34
Shares Change (YoY)	3.46%	9.93%	9.63%	28.29%	-	70062.81%
EPS (Basic)	0.00	-0.03	-0.09	0.01	-0.13	-0.05
EPS (Diluted)	0.00	-0.03	-0.09	0.01	-0.13	-0.05
Free Cash Flow	-1.05	-2.05	-4.33	-4.63	1.07	0.27
Free Cash Flow Per Share	-0.02	-0.04	-0.09	-0.11	0.03	0.01
Gross Margin	73.11%	71.63%	64.82%	72.82%	41.03%	-9.67%
Operating Margin	-20.83%	-42.12%	-89.64%	-2.91%	-154.08%	-294.05%
Profit Margin	5.85%	-31.29%	-53.16%	3.36%	-154.41%	-294.52%
Free Cash Flow Margin	-25.84%	-41.85%	-57.01%	-49.46%	38.35%	44.80%
EBITDA	-0.77	-1.95	-6.2	0.15	-4.24	-1.78
EBITDA Margin	-18.81%	-39.71%	-81.54%	1.58%	-151.30%	-290.79%
D&A For EBITDA	0.08	0.12	0.62	0.42	0.08	0.02
EBIT	-0.85	-2.07	-6.81	-0.27	-4.31	-1.8
EBIT Margin	-20.83%	-42.12%	-89.64%	-2.91%	-154.08%	-294.05%
Revenue as Reported	4.07	4.91	7.6	9.36	-	-
Advertising Expenses	-	-	-	-	-	0.05

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