The Stephan Co. (SPCOQ)

The Stephan Co. Income Statement

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

Fiscal Year	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
Revenue	15.66	17.22	19.57	18.01	18.54
Revenue Growth (YoY)	-9.07%	-12.04%	8.67%	-2.83%	-9.84%
Cost of Revenue	16.73	9.3	10.8	9.94	9.58
Gross Profit	-1.07	7.92	8.78	8.07	8.96
Selling, General & Admin	8.12	7.27	7.82	7.19	8.16
Operating Expenses	8.31	7.42	7.82	7.19	8.16
Operating Income	-9.38	0.49	0.96	0.88	0.8
Interest Expense	-0.01	-0.01	-	-	-
Interest & Investment Income	0.01	0.03	-	-	0.2
EBT Excluding Unusual Items	-9.38	0.51	0.96	0.88	1
Impairment of Goodwill	-	-	0.79	-	-
Asset Writedown	-5.11	-	-	-	-
Pretax Income	-14.49	0.51	1.74	0.88	1
Income Tax Expense	-0.09	0.12	0.02	0.03	0.3
Earnings From Continuing Operations	-14.4	0.39	1.72	0.85	0.7
Net Income	-14.4	0.39	1.72	0.85	0.7
Net Income to Common	-14.4	0.39	1.72	0.85	0.7
Net Income Growth	-	-77.14%	101.52%	22.21%	-27.89%
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-	-	-4.57%	-3.26%	-0.32%
EPS (Basic)	-3.56	0.10	0.42	0.20	0.16
EPS (Diluted)	-3.56	0.10	0.42	0.20	0.16
EPS Growth	-	-77.14%	111.18%	26.33%	-27.66%
Free Cash Flow	-2.71	0.55	0.4	0.53	0.24
Free Cash Flow Per Share	-0.67	0.14	0.10	0.13	0.05
Dividend Per Share	0.040	0.080	0.080	0.080	0.080
Dividend Growth	-50.00%	-	-	-	-
Gross Margin	-6.83%	45.98%	44.84%	44.82%	48.31%
Operating Margin	-59.92%	2.87%	4.89%	4.90%	4.30%
Profit Margin	-91.97%	2.28%	8.78%	4.74%	3.77%
Free Cash Flow Margin	-17.32%	3.16%	2.04%	2.96%	1.28%
EBITDA	-9.19	0.65	1.1	1.03	0.94
EBITDA Margin	-58.68%	3.77%	5.63%	5.69%	5.08%
D&A For EBITDA	0.19	0.16	0.15	0.14	0.14
EBIT	-9.38	0.49	0.96	0.88	0.8
EBIT Margin	-59.92%	2.87%	4.89%	4.90%	4.30%
Effective Tax Rate	-	23.39%	1.32%	3.40%	30.27%

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