Income Statement for Petrosearch Energy Corporation (PTSG)
| | | Income Statement for Petrosearch Energy Corp. (PTSG) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Operating Revenue | 1,828 | 1,233 | 1,701 | 4,718 | | Adjustments to Revenue | - | - | - | - | | Cost of Revenue | (737) | (496) | (533) | (774) | | Gross Operating Profit | 1,091 | 736 | 1,168 | 3,945 | | | Selling/General/Admin Expense | (3,023) | (2,766) | (3,268) | (3,239) | | Research & Development | - | - | - | - | | EBITDA | (1,932) | (2,030) | (2,100) | 705 | | Depreciation & Amortization | (2,926) | (548) | (612) | (2,220) | | EBIT | (4,858) | (2,578) | (2,712) | (1,515) | | Interest Income | 231 | 74 | 51 | 8 | | Other Income, Net | (3) | 983 | - | - | | Total Income Avail For Interest Expense | (4,630) | (1,521) | (2,661) | (1,507) | | Interest Expense | (1,905) | (801) | (240) | (64) | | Pre-Tax Income | (6,535) | (2,322) | (2,901) | (1,571) | | Income Taxes | - | - | - | - | | Minority Interest | - | - | - | - | | Net Income from Continuing Operations | (6,535) | (2,322) | (2,901) | (1,571) | | Net Income from Discontinued Operations | - | - | - | - | | Net Income from Total Operations | (6,535) | (2,322) | (2,901) | (1,571) | | | Normalized Income | (6,535) | (2,322) | (2,901) | (1,571) | | Extraordinary Income | - | - | - | - | | Special Income/Charges | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | | Other Gains | - | - | - | - | | Total Net Income | (6,535) | (2,322) | (2,901) | (1,571) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | 39 | - | 39 | 39 | | | Basic EPS from Continuing Operations | -0.17 | -0.08 | -0.11 | -0.09 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.17 | -0.08 | -0.11 | -0.09 | | | Diluted EPS from Continuing Operations | -0.17 | -0.08 | -0.11 | -0.09 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.17 | -0.08 | -0.11 | -0.09 | | | |
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| Date: | Sep 3, 2008 |
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