Texas Gulf Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Period Ending	Sep '14 Sep 30, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009
Revenue	4.85	9.5	26.81	30.88	23.98	50.23
Revenue Growth (YoY)	-47.34%	-64.56%	-13.18%	28.78%	-52.26%	-39.64%
Cost of Revenue	4.01	7.77	20.63	25.41	22.49	42.74
Gross Profit	0.83	1.73	6.19	5.47	1.49	7.49
Selling, General & Admin	2.69	5.28	7.1	3.68	4	5.74
Operating Expenses	3.28	5.87	7.62	3.76	4.12	5.85
Operating Income	-2.44	-4.13	-1.43	1.71	-2.63	1.64
Interest Expense	-0.06	-0.21	-0.17	-0.01	-0	-0.04
Other Non Operating Income (Expenses)	-0.05	0.22	0.04	0.05	-	-
EBT Excluding Unusual Items	-2.55	-4.12	-1.55	1.74	-2.63	1.6
Gain (Loss) on Sale of Assets	-	-	0.4	-	-	-
Other Unusual Items	-	-	-	-	-0.99	-
Pretax Income	-2.55	-4.12	-1.15	1.74	-3.62	1.6
Income Tax Expense	-0.24	-1.17	-0.14	0.66	-1.01	0.55
Earnings From Continuing Operations	-2.31	-2.95	-1.01	1.08	-2.61	1.05
Earnings From Discontinued Operations	1.46	2.66	0.67	-	-	-
Net Income to Company	-	-0.29	-0.34	1.08	-2.61	1.05
Net Income	-0.85	-0.29	-0.34	1.08	-2.61	1.05
Net Income to Common	-0.85	-0.29	-0.34	1.08	-2.61	1.05
Net Income Growth	-	-	-	-	-	-70.69%
Shares Outstanding (Basic)	55	54	48	29	29	-
Shares Outstanding (Diluted)	55	54	48	122	29	-
Shares Change (YoY)	5.88%	12.73%	-61.08%	316.09%	-	-
EPS (Basic)	-0.02	-0.01	-0.01	0.04	-0.09	-
EPS (Diluted)	-0.02	-0.01	-0.01	0.01	-0.09	-
Free Cash Flow	1.29	1.15	-4.14	-0.38	0.55	0.83
Free Cash Flow Per Share	0.02	0.02	-0.09	-0.00	0.02	-
Gross Margin	17.23%	18.23%	23.08%	17.71%	6.21%	14.92%
Operating Margin	-50.38%	-43.51%	-5.33%	5.53%	-10.96%	3.26%
Profit Margin	-17.57%	-3.04%	-1.28%	3.49%	-10.88%	2.10%
Free Cash Flow Margin	26.63%	12.13%	-15.44%	-1.24%	2.30%	1.65%
EBITDA	-2.19	-3.55	-0.91	1.79	-2.51	1.75
EBITDA Margin	-45.10%	-37.32%	-3.39%	5.81%	-10.48%	3.48%
D&A For EBITDA	0.26	0.59	0.52	0.09	0.11	0.11
EBIT	-2.44	-4.13	-1.43	1.71	-2.63	1.64
EBIT Margin	-50.38%	-43.51%	-5.33%	5.53%	-10.96%	3.26%
Effective Tax Rate	-	-	-	38.13%	-	34.16%
Advertising Expenses	-	0.06	0.07	0	0	0

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