| Income Statement for Electronic Clearing House Inc. (ECHO) | | | | | | | Income | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Operating Revenue | 76,884 | 75,311 | 55,551 | 47,584 | 40,636 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (56,179) | (52,339) | (38,879) | (32,832) | (28,125) | | Gross Operating Profit | 20,705 | 22,972 | 16,672 | 14,752 | 12,511 | | | Selling/General/Admin Expense | (14,036) | (13,771) | (10,743) | (7,846) | (7,088) | | Research & Development | (2,134) | (1,539) | (1,609) | (1,465) | (1,405) | | EBITDA | 4,535 | 7,662 | 4,320 | 5,441 | 4,018 | | Depreciation & Amortization | (4,502) | (3,508) | (2,641) | (1,984) | (1,593) | | EBIT | 33 | 4,154 | 1,679 | 3,457 | 2,425 | | Interest Income | 488 | 289 | 136 | 71 | 28 | | Other Income, Net | - | - | - | - | - | | Total Income Avail For Interest Expense | (4,624) | 4,443 | 1,815 | 4,847 | 2,453 | | Interest Expense | (66) | (92) | (113) | (175) | (200) | | Pre-Tax Income | (4,690) | 4,351 | 1,702 | 4,672 | 2,253 | | Income Taxes | 2,309 | (2,034) | (669) | (1,823) | (925) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (2,381) | 2,317 | 1,033 | 2,849 | 1,328 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (2,381) | 2,317 | 1,033 | 2,849 | 1,328 | | | Normalized Income | 2,764 | 2,317 | 1,033 | 1,530 | 1,328 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (5,145) | - | - | 1,319 | - | | Income from Cum. Effect of Acct Change | - | - | - | - | (4,707) | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (2,381) | 2,317 | 1,033 | 2,849 | (3,379) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.35 | 0.35 | 0.16 | 0.45 | 0.23 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.35 | 0.35 | 0.16 | 0.45 | 0.23 | | | Diluted EPS from Continuing Operations | -0.35 | 0.33 | 0.15 | 0.41 | 0.22 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.35 | 0.33 | 0.15 | 0.41 | 0.22 | | | |
