Posted On: 07/16/2014 9:46:52 AM
Post# of 35
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SITS Financials 07/16/2014 08:46:55
Southern ITS International Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 1,776 333 43
Cost of Revenue 1,215 101 -
Gross Profit 561 232 43
Operating Expenses
Research and Development - - -
Sales, General and Admin. 537 335 3,103
Non-Recurring Items - - -
Other - - -
Operating Income 24 (104) (3,060)
Income From Continuing Operations
Add'l Income/Expense Items - (1,974) -
Earnings Before Interest and Tax 24 (2,077) (3,060)
Interest Expense 90 71 78
Earnings Before Tax (66) (2,149) (3,138)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (66) (2,149) (3,138)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (66) (2,149) (3,138)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (66) (2,149) (3,138)
Southern ITS International Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 1,776 333 43
Cost of Revenue 1,215 101 -
Gross Profit 561 232 43
Operating Expenses
Research and Development - - -
Sales, General and Admin. 537 335 3,103
Non-Recurring Items - - -
Other - - -
Operating Income 24 (104) (3,060)
Income From Continuing Operations
Add'l Income/Expense Items - (1,974) -
Earnings Before Interest and Tax 24 (2,077) (3,060)
Interest Expense 90 71 78
Earnings Before Tax (66) (2,149) (3,138)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (66) (2,149) (3,138)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (66) (2,149) (3,138)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (66) (2,149) (3,138)
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