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Storm Cat Energy CORP (SCU)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-07Dec-31-06Dec-31-05Dec-31-04
   10-K10-K10-K10-K
Revenues  52.918.211.91.1
            Revenue growth  191.1%52.5%1005.3% 
Cost of goods sold  36.18.77.70.0
Gross profit  16.89.44.21.1
            Gross margin  31.7%52.0%35.4%99.6%
Selling, general and administrative   [+]8.36.75.61.0
EBITDA   [+]   -0.9
            EBITDA margin  -15.0%-36.0%-52.6%-81.0%
Depreciation and amortization     0.0
EBIT   [+]-7.9-6.5-6.3-0.9
            EBIT margin  -15.0%-36.0%-52.6%-84.3%
Non-recurring items   [+]27.92.02.1 
Interest expense  4.7   
Other income (expense), net  -1.80.20.0 
Pre-tax income  -42.3-8.4-8.4-0.9
Income taxes  -1.4-1.50.00.0
            Tax rate  3.2%18.2%0.0%0.0%
Net income  -41.0-6.9-8.4-0.9
            Net margin  -77.4%-37.8%-70.2%-84.3%
   
Basic EPS   [+]($0.51)($0.10)($0.18)($0.04)
Diluted EPS   [+]($0.51)($0.10)($0.18)($0.04)
   
Shares outstanding (basic)   [+]80.970.447.321.5
Shares outstanding (diluted)   [+]80.970.447.321.5
   
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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