Pennexx Foods, Inc. (PNNX)

Pennexx Foods Income Statement

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

Fiscal Year	TTM	FY 2002	FY 2001	FY 2000	FY 1999
Period Ending	Mar 31, 2003	Dec 31, 2002	Dec 31, 2001	Dec 31, 2000	Dec 31, 1999
Revenue	50.55	48.69	42.33	13.6	0.57
Revenue Growth (YoY)	11.73%	15.02%	211.37%	2284.87%	-
Cost of Revenue	52.24	48.83	42.13	14.46	1.08
Gross Profit	-1.7	-0.14	0.2	-0.86	-0.51
Selling, General & Admin	8.43	7.05	2.42	3.32	0.59
Other Operating Expenses	0.32	0.32	0.14	0.06	0.02
Operating Expenses	9.67	8.29	2.7	3.74	0.7
Operating Income	-11.37	-8.43	-2.5	-4.6	-1.21
Interest Expense	-0.59	-0.38	-0.24	-0.35	-0.06
Interest & Investment Income	0.02	0.02	0.06	-	-
Pretax Income	-11.94	-8.79	-2.69	-4.95	-1.27
Net Income	-11.94	-8.79	-2.69	-4.95	-1.27
Net Income to Common	-11.94	-8.79	-2.69	-4.95	-1.27
Shares Outstanding (Basic)	26	26	19	9	6
Shares Outstanding (Diluted)	26	26	19	9	6
Shares Change (YoY)	17.89%	36.17%	98.82%	50.86%	-
EPS (Basic)	-0.45	-0.34	-0.14	-0.52	-0.20
EPS (Diluted)	-0.45	-0.34	-0.14	-0.52	-0.20
Free Cash Flow	-26.96	-22.2	-5.66	-2.06	-2.16
Free Cash Flow Per Share	-1.02	-0.87	-0.30	-0.22	-0.34
Gross Margin	-3.36%	-0.29%	0.47%	-6.35%	-90.12%
Operating Margin	-22.48%	-17.31%	-5.92%	-33.85%	-212.24%
Profit Margin	-23.61%	-18.06%	-6.35%	-36.44%	-222.89%
Free Cash Flow Margin	-53.33%	-45.59%	-13.37%	-15.14%	-378.35%
EBITDA	-10.31	-7.46	-1.91	-4.27	-1.12
EBITDA Margin	-20.40%	-15.32%	-4.51%	-31.39%	-197.09%
D&A For EBITDA	1.06	0.97	0.6	0.33	0.09
EBIT	-11.37	-8.43	-2.5	-4.6	-1.21
EBIT Margin	-22.48%	-17.31%	-5.92%	-33.85%	-212.24%
Advertising Expenses	-	0.15	0.01	0.04	-

Source: S&P Capital IQ. Standard template. Financial Sources.