| Income Statement for A.D.A.M. Inc. (ADAM) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 27,878 | 16,505 | 10,054 | 8,433 | 7,889 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (4,303) | (2,140) | (1,354) | (1,128) | (1,042) | | Gross Operating Profit | 23,575 | 14,365 | 8,700 | 7,305 | 6,847 | | | Selling/General/Admin Expense | (11,880) | (7,228) | (5,061) | (3,201) | (3,517) | | Research & Development | (4,666) | (2,704) | (1,456) | (1,414) | (1,375) | | EBITDA | 7,029 | 4,433 | 2,183 | 2,690 | 1,955 | | Depreciation & Amortization | (2,266) | (1,301) | (894) | (1,151) | (1,393) | | EBIT | 4,763 | 3,132 | 1,289 | 1,539 | 562 | | Interest Income | 235 | 518 | 313 | 82 | 46 | | Other Income, Net | (4) | - | (40) | - | - | | Total Income Avail For Interest Expense | 4,994 | 3,650 | 1,562 | 1,621 | 608 | | Interest Expense | (2,565) | (1,102) | - | - | - | | Pre-Tax Income | 2,429 | 2,548 | 1,562 | 1,621 | 608 | | Income Taxes | 1,510 | - | 5,500 | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 3,939 | 2,548 | 7,062 | 1,621 | 608 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 3,939 | 2,548 | 7,062 | 1,621 | 608 | | | Normalized Income | 3,939 | 2,548 | 7,062 | 1,621 | 608 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 3,939 | 2,548 | 7,062 | 1,621 | 608 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.42 | 0.30 | 0.87 | 0.21 | 0.08 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.42 | 0.30 | 0.87 | 0.21 | 0.08 | | | Diluted EPS from Continuing Operations | 0.38 | 0.25 | 0.87 | 0.19 | 0.07 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.38 | 0.25 | 0.87 | 0.19 | 0.07 | | | |
