CMGO Financials 07/15/2014 20:01:37 CMG Holdings
Post# of 327
CMG Holdings Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 7,414 8,125 7,093 4,972
Cost of Revenue 5,296 5,792 4,445 2,702
Gross Profit 2,118 2,333 2,648 2,270
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 2,875 3,924 4,184 5,674
Non-Recurring Items - (36) 3,412 -
Other - 75 313 298
Operating Income (758) (1,630) (5,261) (3,702)
Income From Continuing Operations
Add'l Income/Expense Items 2,208 976 995 (72)
Earnings Before Interest and Tax 1,450 (654) (4,266) (3,775)
Interest Expense 256 908 1,777 417
Earnings Before Tax 1,194 (1,562) (6,043) (4,192)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,194 (1,562) (6,043) (4,192)
Non Recurring Events
Discontinued Operations - 3,798 (1,744) -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,194 2,236 (7,788) (4,192)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 1,194 2,236 (7,788) (4,192)