Southwest Casino Corp. (SWCC)

Southwest Casino Income Statement

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

Fiscal Year	TTM	FY 2009	FY 2008	FY 2007	FY 2006	FY 2005
Period Ending	Jun 30, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Operating Revenue	12.58	13.29	14.45	19.37	21.28	20.5
Other Revenue	0.11	0.11	0.21	0.16	0.19	0.21
Revenue	12.69	13.4	14.66	19.54	21.47	20.71
Revenue Growth (YoY)	-8.42%	-8.59%	-24.95%	-9.03%	3.68%	2.50%
Cost of Revenue	10.9	11.24	12.9	13.63	13.31	14.21
Gross Profit	1.78	2.17	1.76	5.91	8.16	6.5
Selling, General & Admin	0.44	1.31	3.65	3.78	2.77	2.48
Operating Expenses	1.58	2.49	5.05	5.56	4.94	4.84
Operating Income	0.2	-0.32	-3.29	0.35	3.22	1.66
Interest Expense	-0.75	-0.8	-0.91	-0.88	-1.2	-0.93
Interest & Investment Income	0.01	-	0	0	0	0.01
Earnings From Equity Investments	-0.19	-	-3.46	-0.44	-0.18	-0.04
Other Non Operating Income (Expenses)	0.05	0.04	-0.02	-	-	-
EBT Excluding Unusual Items	-0.68	-1.08	-7.67	-0.96	1.83	0.7
Merger & Restructuring Charges	-	-	-0.22	-0.61	-	-
Gain (Loss) on Sale of Investments	-	-	-4.64	-	-	-
Gain (Loss) on Sale of Assets	0.02	0.02	0	0.48	-0.01	-0.04
Other Unusual Items	0.57	-	0.23	-0.4	-	-
Pretax Income	-0.1	-1.06	-12.3	-1.49	1.83	0.65
Income Tax Expense	-	-	-	-	0.67	0.29
Earnings From Continuing Operations	-0.1	-1.06	-12.3	-1.49	1.16	0.36
Net Income to Company	-0.1	-1.06	-12.3	-1.49	1.16	0.36
Minority Interest in Earnings	-	-	-	-	-	0.2
Net Income	-0.1	-1.06	-12.3	-1.49	1.16	0.57
Net Income to Common	-0.1	-1.06	-12.3	-1.49	1.16	0.57
Net Income Growth	-	-	-	-	104.33%	-
Shares Outstanding (Basic)	31	30	30	27	20	20
Shares Outstanding (Diluted)	31	30	30	27	21	22
Shares Change (YoY)	-0.55%	2.70%	10.07%	30.00%	-8.07%	96.00%
EPS (Basic)	-0.00	-0.03	-0.42	-0.06	0.06	0.03
EPS (Diluted)	-0.00	-0.03	-0.42	-0.06	0.06	0.03
EPS Growth	-	-	-	-	102.83%	-
Free Cash Flow	0.49	0.92	-1.79	1.47	4.18	1.57
Free Cash Flow Per Share	0.02	0.03	-0.06	0.06	0.20	0.07
Gross Margin	14.04%	16.16%	12.01%	30.25%	38.01%	31.40%
Operating Margin	1.61%	-2.41%	-22.42%	1.77%	14.99%	8.04%
Profit Margin	-0.76%	-7.91%	-83.89%	-7.65%	5.39%	2.73%
Free Cash Flow Margin	3.84%	6.85%	-12.21%	7.54%	19.48%	7.56%
EBITDA	1.34	0.86	-1.89	2.13	5.39	4.02
EBITDA Margin	10.59%	6.40%	-12.90%	10.89%	25.10%	19.42%
D&A For EBITDA	1.14	1.18	1.4	1.78	2.17	2.36
EBIT	0.2	-0.32	-3.29	0.35	3.22	1.66
EBIT Margin	1.61%	-2.41%	-22.42%	1.77%	14.99%	8.04%
Effective Tax Rate	-	-	-	-	36.70%	44.55%
Revenue as Reported	12.69	13.4	14.66	19.54	21.47	20.71
Advertising Expenses	-	1.22	1.63	1.49	1.5	1.51

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