Cross Border Resources Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010
Period Ending	Mar '15 Mar 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010
Operating Revenue	9.44	11.35	11.88	13.61	6.03	3.33
Other Revenue	-	-	-	-	0.13	0.1
Revenue	9.44	11.35	11.88	13.61	6.16	3.43
Revenue Growth (YoY)	-20.76%	-4.44%	-12.71%	121.00%	79.57%	9.06%
Cost of Revenue	2.67	2.39	2.38	2.43	1.44	0.45
Gross Profit	6.77	8.96	9.5	11.18	4.71	2.98
Selling, General & Admin	0.54	0.7	1.01	2.85	3.66	1.02
Other Operating Expenses	0.14	0.19	0.42	1.62	0.1	0.06
Operating Expenses	9.07	10.04	6.37	12.78	5.92	2.28
Operating Income	-2.3	-1.08	3.13	-1.59	-1.2	0.7
Interest Expense	-0.46	-0.49	-0.64	-0.77	-0.51	-0.46
Other Non Operating Income (Expenses)	-	-	-	-0	0.25	0.04
EBT Excluding Unusual Items	-2.75	-1.56	2.49	-2.36	-1.46	0.28
Gain (Loss) on Sale of Assets	-	-	-	-	0.6	-
Legal Settlements	-0.9	-0.9	-	-	-	-
Other Unusual Items	-	-	0.86	-	-	-
Pretax Income	-3.65	-2.46	3.35	-2.36	-0.86	0.28
Earnings From Continuing Operations	-3.65	-2.46	3.35	-2.36	-0.86	0.28
Net Income	-3.65	-2.46	3.35	-2.36	-0.86	0.28
Net Income to Common	-3.65	-2.46	3.35	-2.36	-0.86	0.28
Shares Outstanding (Basic)	17	17	17	16	15	10
Shares Outstanding (Diluted)	17	17	21	16	15	10
Shares Change (YoY)	-17.55%	-16.88%	28.96%	8.21%	53.46%	-
EPS (Basic)	-0.21	-0.14	0.20	-0.15	-0.06	0.03
EPS (Diluted)	-0.22	-0.14	0.16	-0.15	-0.06	0.03
Free Cash Flow	4.69	3.63	-2.3	-5.23	-5.71	0.83
Free Cash Flow Per Share	0.27	0.21	-0.11	-0.32	-0.38	0.09
Gross Margin	71.76%	78.94%	79.97%	82.18%	76.54%	86.86%
Operating Margin	-24.31%	-9.49%	26.38%	-11.69%	-19.52%	20.51%
Profit Margin	-38.67%	-21.70%	28.22%	-17.34%	-13.99%	8.25%
Free Cash Flow Margin	49.66%	31.98%	-19.40%	-38.45%	-92.75%	24.23%
EBITDA	6.28	8.26	8.22	6.81	0.99	1.96
EBITDA Margin	66.57%	72.78%	69.23%	50.03%	16.04%	57.21%
D&A For EBITDA	8.58	9.34	5.09	8.4	2.19	1.26
EBIT	-2.3	-1.08	3.13	-1.59	-1.2	0.7
EBIT Margin	-24.31%	-9.49%	26.38%	-11.69%	-19.52%	20.51%
Revenue as Reported	-	-	-	-	6.71	3.81

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