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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

CANO PETROLEUM, INC (CFW)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-11Jun-30-10Jun-30-09Jun-30-08Jun-30-07Jun-30-06Jun-30-05Jun-30-04
   10-K10-K10-K10-K10-K10-K10-KS-1
Revenues  26.122.823.431.320.715.98.50.0
            Revenue growth  14.3%-2.5%-25.1%51.5%30.2%86.2%  
Cost of goods sold  6.811.818.514.912.67.64.80.0
Gross profit  19.311.05.016.48.08.23.80.0
            Gross margin  73.8%48.3%21.2%52.5%38.8%51.9%44.2% 
Selling, general and administrative   [+]6.811.819.214.912.67.64.8 
EBIT   [+]-188.6-17.1-61.1-2.8-5.7-1.1-3.70.0
            EBIT margin  -721.8%-74.9%-260.6%-8.9%-27.8%-6.9%-43.5% 
Non-recurring items   [+]  -0.7     
Interest income        0.0 
Other income (expense), net  -16.1-2.942.7-32.65.7-5.0  
Pre-tax income  -204.7-20.1-17.7-35.40.0-6.1-3.70.0
Income taxes  -19.0-6.5-5.2-12.70.0-3.80.00.0
            Tax rate  9.3%32.2%29.2%35.9%35.9%61.8%0.0% 
Earnings from continuing ops  -185.7-13.6-12.5-26.80.0-2.3-4.1-0.4
Earnings from discontinued ops   2.112.35.20.00.50.7 
Net income  -185.7-11.5-0.2-21.60.0-1.8-3.4-0.4
            Net margin  -710.8%-50.5%-1.0%-69.0%0.0%-11.6%-39.8% 
   
Basic EPS   [+]($4.09)($0.30)($0.27)($0.74)($0.28)($0.10)($0.35)($0.05)
Diluted EPS   [+]($4.09)($0.30)($0.27)($0.74)($0.28)($0.10)($0.35)($0.05)
   
Shares outstanding (basic)   [+]45.445.646.036.40.022.411.87.7
Shares outstanding (diluted)   [+]45.445.646.036.40.022.411.87.7
   
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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