UNIVERSAL TRAVEL GROUP (UTRA) [Rocket]

In millions, except per share items	Dec-31-10	Dec-31-09	Dec-31-08	Dec-31-07	Dec-31-06
	10-K	10-K	10-K	10-K	10-K/A
Revenues:
Packaged Tours	114.8	66.8
Air Ticketing	24.2	16.6
Hotel Reservation	14.3	12.3	8.3	2.4
Package Tours			45.1	13.4
Other			12.3	16.8
Total revenues	153.3	95.8	65.8	32.6	10.0
Revenue growth [+]	60.0%	45.5%	102.2%	225.1%
Packaged Tours	71.8%
Air Ticketing	45.4%
Hotel Reservation	15.9%	48.0%	250.0%
Package Tours			236.6%
Cost of goods sold	112.2	66.6	43.3	20.6	4.9
Gross profit	41.1	29.2	22.5	11.9	5.1
Gross margin	26.8%	30.4%	34.2%	36.7%	50.8%
Selling, general and administrative	11.8	5.0	4.6	2.7	2.0
Other operating expenses	-0.1	0.0	0.0
EBITDA [+]	30.9	25.0	18.0	9.3	3.2
EBITDA growth	23.8%	39.0%	93.6%	193.5%
EBITDA margin	20.2%	26.1%	27.3%	28.5%	31.6%
Depreciation and amortization	1.6	0.8	0.1	0.1	0.0
EBIT [+]	29.4	24.2	17.9	9.2	3.1
EBIT growth	21.5%	34.9%	94.7%	195.4%
EBIT margin	19.2%	25.2%	27.2%	28.3%	31.1%
Non-recurring items [+]			0.0
Loss (gain) on sale of assets			0.0
Interest income, net [+]	0.1	0.1	-0.1	-0.1	0.0
Interest expense			0.1	0.1	0.0
Interest income	0.1	0.1	0.0	0.0	0.0
Other income (expense), net [+]	1.0	-6.9	0.8	1.2	0.0
Other					0.0
Pre-tax income	30.5	17.3	18.6	10.3	3.2
Income taxes	8.5	6.0	4.1	1.6	0.6
Tax rate	27.7%	34.5%	21.9%	15.9%	19.1%
Earnings from continuing ops	22.0	11.3	14.5	8.7	2.6
Earnings from discontinued ops		-1.4	0.8	1.2
Net income	22.0	10.7	14.5	8.7	2.6
Net margin	14.4%	11.2%	22.1%	26.7%	25.5%

Basic EPS [+]	$1.19	$0.80	$1.13	$79,053,581.82	$0.08
Growth	48.4%	-29.0%	-100.0%	94086467181.1%
Diluted EPS [+]	$1.14	$0.74	$1.13	$0.78	$0.08
Growth	53.6%	-34.5%	45.7%	823.3%

Shares outstanding (basic) [+]	18.5	14.1	12.9	0.0	30.5
Growth	31.0%	9.9%	11685500809.1%	-100.0%
Shares outstanding (diluted) [+]	19.4	15.3	12.9	11.2	30.5
Growth	26.6%	19.2%	14.7%	-63.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.