World Am, Inc. (WOAM)

Instructure Holdings Income Statement

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

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005
Period Ending	Sep 30, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Revenue	1.64	0.77	0.25	0.26
Revenue Growth (YoY)	204.92%	215.05%	-3.86%	-
Cost of Revenue	1.17	0.45	0.08	0.14
Gross Profit	0.46	0.32	0.16	0.12
Selling, General & Admin	3.25	3.3	2.06	0.94
Operating Expenses	3.25	3.3	2.06	0.94
Operating Income	-2.78	-2.98	-1.9	-0.83
Interest Expense	-0.14	-0.12	-3.14	-0.01
Interest & Investment Income	0.01	0.05	-	-
Other Non Operating Income (Expenses)	1.68	1.2	0.66	-0.02
EBT Excluding Unusual Items	-1.23	-1.85	-4.38	-0.86
Legal Settlements	-0.01	-0.12	-	0.14
Pretax Income	-1.24	-1.96	-4.38	-0.72
Net Income	-1.24	-1.96	-4.38	-0.72
Net Income to Common	-1.24	-1.96	-4.38	-0.72
Shares Outstanding (Basic)	118	76	19	4
Shares Outstanding (Diluted)	118	76	19	4
Shares Change (YoY)	101.60%	299.95%	376.49%	-
EPS (Basic)	-0.01	-0.03	-0.23	-0.18
EPS (Diluted)	-0.02	-0.03	-0.23	-0.18
Free Cash Flow	-1.42	-2.53	-0.48	-0.4
Free Cash Flow Per Share	-0.01	-0.03	-0.03	-0.10
Gross Margin	28.32%	41.57%	66.26%	45.58%
Operating Margin	-170.00%	-385.29%	-773.94%	-324.53%
Profit Margin	-76.06%	-254.04%	-1782.72%	-282.23%
Free Cash Flow Margin	-86.55%	-327.62%	-197.40%	-157.88%
EBITDA	-2.75	-2.96	-1.9	-0.83
D&A For EBITDA	0.03	0.02	0	0
EBIT	-2.78	-2.98	-1.9	-0.83
Revenue as Reported	1.64	0.77	0.25	-
Advertising Expenses	-	0.17	0.01	-

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