Pilgrim Petroleum Corporation (PGPM)

Pilgrim Petroleum Income Statement

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

Fiscal Year	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006
Revenue	0.15	-	0.19	0.41	1.47
Revenue Growth (YoY)	-	-	-53.87%	-72.13%	877.46%
Cost of Revenue	0.05	-	0.1	0.13	0.16
Gross Profit	0.09	-	0.09	0.28	1.31
Selling, General & Admin	0.25	-	0.46	0.4	0.49
Other Operating Expenses	-	-	0.01	0.01	-
Operating Expenses	0.28	0.03	0.5	0.43	0.51
Operating Income	-0.19	-0.03	-0.41	-0.16	0.8
Interest Expense	-0	-	-	-	-
Interest & Investment Income	0.19	-	0.06	0	-
Other Non Operating Income (Expenses)	-	-	0.01	-1.63	-0.1
EBT Excluding Unusual Items	-0	-0.03	-0.35	-1.79	0.71
Gain (Loss) on Sale of Assets	-	-	4.08	41.45	-
Pretax Income	-0	-0.03	3.73	39.66	0.71
Income Tax Expense	-	-	0.6	5.93	0.19
Net Income	-0	-0.03	3.13	33.73	0.52
Net Income to Common	-0	-0.03	3.13	33.73	0.52
Net Income Growth	-	-	-90.72%	6425.74%	1238.86%
Shares Outstanding (Basic)	1,152	1,152	1,152	566	431
Shares Outstanding (Diluted)	1,152	1,152	1,152	566	431
Shares Change (YoY)	-	-	103.73%	31.36%	6.16%
EPS (Basic)	-0.00	-0.00	0.00	0.06	0.00
EPS (Diluted)	-0.00	-0.00	0.00	0.06	0.00
EPS Growth	-	-	-95.45%	4868.33%	1163.16%
Free Cash Flow	0.13	-	-	-0.84	0.58
Free Cash Flow Per Share	-	-	-	-0.00	0.00
Gross Margin	63.45%	-	45.03%	67.40%	89.00%
Operating Margin	-127.23%	-	-219.08%	-38.18%	54.63%
Profit Margin	-1.84%	-	1654.34%	8223.92%	35.12%
Free Cash Flow Margin	89.12%	-	-	-205.32%	39.50%
EBITDA	-0.15	-	-0.39	-0.13	0.82
EBITDA Margin	-104.13%	-	-206.86%	-32.54%	55.42%
D&A For EBITDA	0.03	0.03	0.02	0.02	0.01
EBIT	-0.19	-0.03	-0.41	-0.16	0.8
EBIT Margin	-127.23%	-	-219.08%	-38.18%	54.63%
Effective Tax Rate	-	-	16.04%	14.96%	27.04%
Advertising Expenses	0	-	0.02	0.02	0.03

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