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SOUTHWEST OIL & GAS INCOME FUND IX-A LP

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04
   10-K10-K10-K10-K10-K10-K10-K
Revenues   [+]0.70.61.41.11.11.21.0
            Revenue growth  24.9%-57.7%32.1%-5.3%-5.4%15.4% 
Cost of goods sold  0.00.00.00.00.00.00.0
Gross profit  0.70.61.41.11.11.21.0
            Gross margin  100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative   [+]0.10.10.10.10.10.10.1
EBITDA   [+]0.60.51.31.01.01.10.9
            EBITDA margin  86.5%83.1%92.9%90.7%91.5%92.8%91.1%
Depreciation and amortization  0.10.10.00.00.00.00.0
EBIT   [+]0.60.41.30.91.01.10.9
            EBIT margin  78.7%71.4%89.9%87.7%89.5%91.5%89.6%
Other income (expense), net  -0.6-0.4-1.3-0.5-0.5-0.4-0.5
Pre-tax income  0.00.00.00.40.50.70.4
Income taxes  0.00.00.00.00.00.00.0
            Tax rate     0.0%0.0%0.0%0.0%
Net income  0.00.00.00.40.50.70.4
            Net margin  0.0%0.0%0.0%37.5%47.3%56.0%42.6%
   
   
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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