FMETF Financials 07/16/2014 15:55:08 Formation Me
Post# of 4
Formation Metals, Inc.
Period Ending Feb 28, 2013 Feb 29, 2012 Feb 28, 2011 Mar 01, 2010
Total Revenue 4,753 12,084 3,751 6,286
Cost of Revenue 6,304 10,004 3,259 5,299
Gross Profit (1,550) 2,080 492 987
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 2,084 3,985 2,910 3,155
Non-Recurring Items 1,205 1,311 128 73
Other 514 244 551 291
Operating Income (4,240) (3,673) (3,097) (3,983)
Income From Continuing Operations
Add'l Income/Expense Items 628 (2,683) 283 (1,383)
Earnings Before Interest and Tax (4,725) (6,142) (2,815) (3,915)
Interest Expense - - - -
Earnings Before Tax (4,725) (6,142) (2,815) (3,915)
Income Tax 2,509 (815) 612 602
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (7,234) (5,327) (3,427) (4,517)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (7,234) (5,327) (3,427) (4,517)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (7,234) (5,327) (3,427) (4,517)