Mendocino Brewing Company Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011
Period Ending	Sep '16 Sep 30, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011
Revenue	29.24	31.18	34.04	35.64	39.24	40.15
Revenue Growth (YoY)	-6.73%	-8.39%	-4.48%	-9.20%	-2.26%	14.80%
Cost of Revenue	20.23	21.41	23.44	25.77	28.44	29.28
Gross Profit	9.01	9.78	10.6	9.87	10.8	10.88
Selling, General & Admin	10.23	10.43	11.52	10.13	9.87	10.38
Operating Expenses	10.23	10.43	11.52	10.13	9.87	10.38
Operating Income	-1.22	-0.65	-0.92	-0.27	0.94	0.49
Interest Expense	-0.59	-0.61	-0.69	-0.58	-0.45	-0.47
Other Non Operating Income (Expenses)	0.08	0.11	0.05	0.04	0.07	0.03
EBT Excluding Unusual Items	-1.73	-1.14	-1.56	-0.8	0.55	0.06
Gain (Loss) on Sale of Assets	-	-	0.02	-0.07	0.01	0
Pretax Income	-1.73	-1.14	-1.54	-0.87	0.56	0.06
Income Tax Expense	0	0	-	0	0	0.01
Net Income	-1.73	-1.15	-1.54	-0.88	0.56	0.05
Net Income to Common	-1.73	-1.15	-1.54	-0.88	0.56	0.05
Net Income Growth	-	-	-	-	1030.36%	-
Shares Outstanding (Basic)	13	13	13	13	13	12
Shares Outstanding (Diluted)	13	13	13	13	15	12
Shares Change (YoY)	-	-	-	-15.36%	19.37%	0.44%
EPS (Basic)	-0.14	-0.09	-0.12	-0.07	0.04	0.00
EPS (Diluted)	-0.14	-0.09	-0.12	-0.07	0.04	0.00
EPS Growth	-	-	-	-	1002.00%	-
Free Cash Flow	0.53	0.46	-0.1	-0.54	-1.04	0.39
Free Cash Flow Per Share	0.04	0.04	-0.01	-0.04	-0.07	0.03
Gross Margin	30.82%	31.35%	31.15%	27.68%	27.53%	27.09%
Operating Margin	-4.16%	-2.09%	-2.70%	-0.74%	2.38%	1.23%
Profit Margin	-5.93%	-3.68%	-4.52%	-2.46%	1.42%	0.12%
Free Cash Flow Margin	1.80%	1.49%	-0.30%	-1.52%	-2.64%	0.96%
EBITDA	-0.07	0.53	0.42	0.79	1.98	1.98
EBITDA Margin	-0.25%	1.70%	1.23%	2.23%	5.05%	4.93%
D&A For EBITDA	1.14	1.18	1.34	1.06	1.05	1.49
EBIT	-1.22	-0.65	-0.92	-0.27	0.94	0.49
EBIT Margin	-4.16%	-2.09%	-2.70%	-0.74%	2.38%	1.23%
Effective Tax Rate	-	-	-	-	0.48%	12.57%
Revenue as Reported	29.24	31.18	34.04	35.64	39.24	40.15
Advertising Expenses	-	0.9	0.99	0.76	0.9	1.12

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