Income Statement for Avantair, Inc. (AAIR)

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Income Statement for Avantair, Inc.
Jun 30, 2012 Jun 30, 2011 Jun 30, 2010
Profit
Total Revenue 173,989,000 163,891,000 143,007,000
Cost of Revenue 135,004,000 131,642,000 105,742,000
Gross Profit 38,985,000 32,249,000 37,265,000
Operating Expenses
Research Development - - -
Selling General and Administrative 36,497,000 35,681,000 30,978,000
Non Recurring 957,000 - -
Others 4,997,000 4,219,000 5,472,000
Total Operating Expenses - - -
Operating Income or Loss -2,838,000 -7,651,000 1,713,000
Income from Continuing Operations
Total Other Income/Expenses Net 1,196,000 70,000 973,000
Earnings Before Interest And Taxes -2,270,000 -7,581,000 1,789,000
Interest Expense 4,346,000 4,588,000 5,757,000
Income Before Tax -6,616,000 -12,169,000 -3,969,000
Income Tax Expense - - -
Minority Interest - - -
Net Income From Continuing Ops -6,177,000 -12,169,000 -3,969,000
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income
Net Income -6,616,000 -12,169,000 -3,969,000
Preferred Stock And Other Adjustments -1,428,000 -1,477,000 -1,507,000
Net Income Applicable To Common Shares -8,044,000 -13,646,000 -5,475,000
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