NEON Communications Group, Inc. (NGI) [Rocket]

In millions, except per share items	Sep-30-06	Sep-30-05	Sep-30-04	Sep-30-03
	10-K	10-K	10-K	10-K
Revenues:
Lit fiber services	59.6	26.6
Dark fiber services	4.8	3.1
Co-Location	2.0	0.9
Total revenues	66.4	30.6	0.0	60.2
Revenue growth [+]	116.8%		-100.0%
Lit fiber services	123.8%
Dark fiber services	54.4%
Co-Location	124.5%
Cost of goods sold	35.7	17.8	18.0	33.8
Gross profit	30.7	12.9	-18.0	26.4
Gross margin	46.3%	42.0%		43.9%
Selling, general and administrative	27.0	18.3	9.9	30.6
Other operating expenses	19.2	8.8	2.8	15.2
EBITDA [+]	8.4	5.8	-16.9	-3.9
EBITDA growth	45.3%	-134.3%	332.8%
EBITDA margin	12.7%	18.9%		-6.5%
Depreciation and amortization	23.9	20.0	13.8	15.5
EBIT [+]	-15.5	-14.2	-30.7	-19.4
EBIT growth	9.1%	-53.8%	58.1%
EBIT margin	-23.3%	-46.3%		-32.3%
Non-recurring items				-1.0
Interest expense, net [+]	10.1	9.4	11.1	14.0
Interest expense	10.6	9.7	11.4	15.1
Interest income	0.5	0.2	0.3	1.2
Other income (expense), net	1.1	-3.9	3.8	7.3
Pre-tax income	-24.5	-27.5	-38.1	-25.1
Income taxes	0.0	0.0	0.0	0.2
Tax rate	0.0%	0.0%	0.0%
Earnings from continuing ops	-48.9	3.0	3.3	0.0
Earnings from discontinued ops	48.9	-3.1	-3.3
Net income	0.0	0.0	0.0	0.0
Net margin	0.0%	-0.1%		0.0%

Basic EPS [+]	($1.00)	$86.92	$198.03	($1.54)
Growth	-101.2%	-56.1%	-12996.6%
Diluted EPS [+]	($1.00)	$86.92	$198.03	($1.54)
Growth	-101.2%	-56.1%	-12996.6%

Shares outstanding (basic) [+]	48.7	0.0	0.0	0.0
Growth	140114.7%	111.0%	0.0%
Shares outstanding (diluted) [+]	48.7	0.0	0.0	0.0
Growth	140114.7%	111.0%	0.0%

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