SRCF Financials 07/15/2014 22:30:17 Source Financ

SRCF Financials 07/15/2014 22:30:17
Source Financial, Inc.
Period Ending Jun 30, 2013 Jan 31, 2013 Jun 30, 2012 Jan 31, 2012
Total Revenue 5,305 4 4,172 1
Cost of Revenue 3,002 - 2,715 -
Gross Profit 2,304 4 1,456 1
Operating Expenses
Research and Development 472 - 199 -
Sales, General and Admin. 1,236 980 1,255 573
Non-Recurring Items 394 - 78 -
Other 76 - 36 -
Operating Income 126 (975) (112) (572)
Income From Continuing Operations
Add'l Income/Expense Items 459 (18) 398 155
Earnings Before Interest and Tax 585 (993) 286 (416)
Interest Expense 17 105 29 139
Earnings Before Tax 568 (1,098) 258 (555)
Income Tax 305 - 180 -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 263 (1,098) 78 (555)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 263 (1,098) 78 (555)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 263 (1,098) 78 (555)