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Income Statement
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Op Efficiency
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Net Element, Inc. (NETE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-11Mar-31-10Mar-31-09Mar-31-08
   10-K/A10-K10-K10-K/A
Revenues   0.00.00.0
            Revenue growth    -100.0% 
Cost of goods sold   0.00.00.0
Gross profit   0.00.00.0
            Gross margin     100.0%
Selling, general and administrative   [+] 5.810.40.2
EBITDA   [+] -5.8-10.4 
            EBITDA margin     -247972.4%
Depreciation and amortization   0.00.0 
EBIT   [+] -5.8-10.4-0.2
            EBIT margin     -247972.4%
Interest expense     0.1
Other income (expense), net   [+] -0.20.00.6
Pre-tax income   -6.0-10.40.2
Income taxes   0.00.00.0
            Tax rate   0.0%0.0%0.0%
Minority interest   0.0  
Earnings from continuing ops   -6.0-10.40.2
Earnings from discontinued ops   -0.6-1.8 
Net income   -6.6-12.20.2
            Net margin     219474.5%
   
Basic EPS   [+] ($0.02)($0.04)$0.00
Diluted EPS   [+] ($0.02)($0.04)$0.00
   
Shares outstanding (basic)   [+] 309.7236.2104.2
Shares outstanding (diluted)   [+] 309.7236.2104.2
   
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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