RadView Software Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007
Revenue	2.15	2.42	2.43	3.44	3.12
Revenue Growth (YoY)	-11.17%	-0.49%	-29.41%	10.29%	-27.15%
Cost of Revenue	0.19	0.18	0.13	0.14	0.09
Gross Profit	1.96	2.24	2.3	3.3	3.03
Selling, General & Admin	1.16	1.38	1.62	2.16	4.42
Research & Development	0.9	0.9	1.02	1.23	1.89
Operating Expenses	2.06	2.28	2.64	3.39	6.31
Operating Income	-0.1	-0.04	-0.34	-0.1	-3.28
Interest Expense	-0.07	-0.06	-0.22	-0.32	-0.34
Interest & Investment Income	-	-	-	0.01	0.05
Currency Exchange Gain (Loss)	-	0.04	-0.04	-0.03	-0.07
Other Non Operating Income (Expenses)	0.53	0.17	-0.76	-	-
EBT Excluding Unusual Items	0.37	0.12	-1.36	-0.43	-3.64
Pretax Income	0.37	0.12	-1.36	-0.43	-3.64
Income Tax Expense	-0.24	-0.01	0.06	-0.08	0.33
Net Income	0.61	0.13	-1.43	-0.36	-3.97
Preferred Dividends & Other Adjustments	0.32	0.07	-	-	0.85
Net Income to Common	0.3	0.06	-1.43	-0.36	-4.82
Net Income Growth	370.00%	-	-	-	-
Shares Outstanding (Basic)	77	77	77	77	60
Shares Outstanding (Diluted)	159	159	77	77	60
Shares Change (YoY)	-	106.19%	-	27.14%	194.69%
EPS (Basic)	0.00	0.00	-0.02	-0.00	-0.08
EPS (Diluted)	0.00	0.00	-0.02	-0.00	-0.08
EPS Growth	370.02%	-	-	-	-
Free Cash Flow	-0.08	0.2	-0.08	-0.64	-3.53
Free Cash Flow Per Share	-	0.00	-0.00	-0.01	-0.06
Gross Margin	91.29%	92.55%	94.81%	95.81%	97.05%
Operating Margin	-4.42%	-1.57%	-13.83%	-2.79%	-105.06%
Profit Margin	13.79%	2.61%	-58.67%	-10.35%	-154.39%
Free Cash Flow Margin	-3.59%	8.15%	-3.13%	-18.51%	-113.08%
EBITDA	-0.09	-0.03	-0.31	-0.05	-3.2
EBITDA Margin	-4.05%	-1.24%	-12.72%	-1.54%	-102.47%
D&A For EBITDA	0.01	0.01	0.03	0.04	0.08
EBIT	-0.1	-0.04	-0.34	-0.1	-3.28
EBIT Margin	-4.42%	-1.57%	-13.83%	-2.79%	-105.06%
Revenue as Reported	2.15	2.42	2.43	3.44	3.12
Advertising Expenses	0.01	0.01	0.01	0.03	0.09

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