Posted On: 07/16/2014 7:49:26 PM
Post# of 5
POWT Financials 07/16/2014 18:49:30
POWRtec International Corp
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 400 946 - -
Cost of Revenue 321 642 - -
Gross Profit 79 304 - -
Operating Expenses
Research and Development - 4 40 913
Sales, General and Admin. 372 490 460 1,968
Non-Recurring Items - - - -
Other - - - -
Operating Income (293) (191) (499) (2,881)
Income From Continuing Operations
Add'l Income/Expense Items - 16 - -
Earnings Before Interest and Tax (293) (175) (499) (2,881)
Interest Expense 40 70 159 25
Earnings Before Tax (333) (245) (658) (2,905)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (333) (245) (658) (2,905)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (333) (245) (658) (2,905)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (333) (245) (658) (2,905)
POWRtec International Corp
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 400 946 - -
Cost of Revenue 321 642 - -
Gross Profit 79 304 - -
Operating Expenses
Research and Development - 4 40 913
Sales, General and Admin. 372 490 460 1,968
Non-Recurring Items - - - -
Other - - - -
Operating Income (293) (191) (499) (2,881)
Income From Continuing Operations
Add'l Income/Expense Items - 16 - -
Earnings Before Interest and Tax (293) (175) (499) (2,881)
Interest Expense 40 70 159 25
Earnings Before Tax (333) (245) (658) (2,905)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (333) (245) (658) (2,905)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (333) (245) (658) (2,905)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (333) (245) (658) (2,905)
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