| Income Statement for Telular Corp. (WRLS) | | | | | | | Income | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Operating Revenue | 74,507 | 93,100 | 52,435 | 75,959 | 62,974 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (48,244) | (72,848) | (40,179) | (53,297) | (43,937) | | Gross Operating Profit | 26,263 | 20,252 | 12,256 | 22,662 | 19,037 | | | Selling/General/Admin Expense | (13,003) | (17,439) | (14,389) | (13,781) | (13,452) | | Research & Development | (6,930) | (7,557) | (6,958) | (7,542) | (7,279) | | EBITDA | 6,330 | (4,744) | (9,091) | 1,339 | (1,694) | | Depreciation & Amortization | (732) | (3,402) | (2,075) | (2,060) | (1,887) | | EBIT | 5,598 | (8,146) | (11,166) | (721) | (3,581) | | Interest Income | - | - | 476 | 245 | 448 | | Other Income, Net | 27 | 373 | (192) | (227) | (727) | | Total Income Avail For Interest Expense | 5,625 | (11,818) | (10,882) | (703) | (3,860) | | Interest Expense | - | - | - | - | (45) | | Pre-Tax Income | 5,625 | (11,818) | (10,882) | (703) | (3,905) | | Income Taxes | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 5,625 | (11,818) | (10,882) | (703) | (3,905) | | Net Income from Discontinued Operations | (7,571) | - | - | - | - | | Net Income from Total Operations | (1,946) | (11,818) | (10,882) | (703) | (3,905) | | | Normalized Income | 5,625 | (7,773) | (10,882) | (703) | (3,905) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | (4,045) | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (1,946) | (11,818) | (10,882) | (703) | (3,905) | | | 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 | 0.31 | -0.70 | -0.81 | -0.05 | -0.30 | | Basic EPS from Discontinued Operations | -0.42 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.11 | -0.70 | -0.81 | -0.05 | -0.30 | | | Diluted EPS from Continuing Operations | 0.31 | -0.70 | -0.81 | -0.05 | -0.30 | | Diluted EPS from Discontinued Operations | -0.42 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.11 | -0.70 | -0.81 | -0.05 | -0.30 | | | |
