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Income Statement
Balance Sheet
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Op Efficiency
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SOUTH TEXAS OIL CO (STXX)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-08Dec-31-07
   10-K10-K
Revenues  9.35.7
            Revenue growth  62.6% 
Cost of goods sold  0.60.6
Gross profit  8.65.1
            Gross margin  93.4%90.2%
Selling, general and administrative   [+]7.92.1
EBITDA   [+]-3.41.1
            EBITDA margin  -36.9%19.7%
Depreciation and amortization  4.44.9
EBIT   [+]-7.8-3.8
            EBIT margin  -84.4%-66.0%
Interest expense, net   [+]4.20.9
Other income (expense), net  -7.7-1.9
Pre-tax income  -19.7-6.6
Income taxes  0.00.0
            Tax rate  0.0%0.0%
Net income  -19.7-6.6
            Net margin  -213.0%-116.0%
   
Basic EPS   [+]($1.23)($0.45)
Diluted EPS   [+]($1.23)($0.45)
   
Shares outstanding (basic)   [+]16.014.7
Shares outstanding (diluted)   [+]16.014.7
   
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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