Tongxin International Ltd. (TXIC)

Tongxin International Income Statement

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

Fiscal Year	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010
Period Ending	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010
Revenue	61.08	73.75	78.16	101.8	106.46
Revenue Growth (YoY)	-17.18%	-5.64%	-23.22%	-4.38%	-12.07%
Cost of Revenue	56.73	68.06	73.73	92.28	99.82
Gross Profit	4.34	5.69	4.44	9.53	6.64
Selling, General & Admin	9.13	10.22	11.64	14.94	13.97
Operating Expenses	9.13	10.22	11.64	14.94	13.97
Operating Income	-4.78	-4.53	-7.2	-5.41	-7.33
Interest Expense	-3.05	-2.91	-2.74	-3.19	-2.23
Other Non Operating Income (Expenses)	0.1	1.35	0.42	1.4	12.34
EBT Excluding Unusual Items	-7.73	-6.08	-9.52	-7.2	2.77
Pretax Income	-7.73	-6.08	-9.52	-7.2	2.77
Income Tax Expense	0.45	0.23	0.08	0.34	0.42
Net Income	-8.18	-6.32	-9.6	-7.54	2.35
Net Income to Common	-8.18	-6.32	-9.6	-7.54	2.35
Shares Outstanding (Basic)	15	14	14	-	14
Shares Outstanding (Diluted)	15	14	14	-	17
Shares Change (YoY)	0.57%	0.68%	-	-	40.50%
EPS (Basic)	-0.56	-0.44	-0.67	-	0.17
EPS (Diluted)	-0.56	-0.44	-0.67	-	0.14
Gross Margin	7.11%	7.72%	5.68%	9.36%	6.24%
Operating Margin	-7.83%	-6.14%	-9.21%	-5.32%	-6.89%
Profit Margin	-13.40%	-8.56%	-12.28%	-7.41%	2.21%
EBITDA	-	-	-	-	-2.88
EBITDA Margin	-	-	-	-	-2.70%
D&A For EBITDA	-	-	-	-	4.46
EBIT	-4.78	-4.53	-7.2	-5.41	-7.33
EBIT Margin	-7.83%	-6.14%	-9.21%	-5.32%	-6.89%
Effective Tax Rate	-	-	-	-	15.29%

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