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Income Statement
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InterAmerican Acquisition Group Inc (IAQG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-08Dec-31-07Dec-31-06
   10-K10-K10-K
Revenues  0.80.60.0
            Revenue growth  34.7%  
Cost of goods sold  0.00.00.0
Gross profit  0.80.60.0
            Gross margin  100.0%100.0% 
Selling, general and administrative   [+]2.00.30.0
EBIT   [+]-1.30.30.0
            EBIT margin  -164.5%45.4% 
Interest expense  0.00.00.0
Pre-tax income  -1.30.30.0
Income taxes  0.10.10.0
            Tax rate   39.9%0.0%
Net income  -1.40.20.0
            Net margin  -179.0%26.6% 
   
Basic EPS   [+]$0.00$0.00($0.01)
Diluted EPS   [+]$0.00$0.00($0.01)
   
Shares outstanding (basic)   [+]7.03.01.3
Shares outstanding (diluted)   [+]7.03.01.3
   
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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