TCKRF Financials 07/16/2014 01:58:36 Tech Resourc

TCKRF Financials 07/16/2014 01:58:36
Tech Resources Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Jan 01, 2012 Dec 31, 2010
Total Revenue 8,830,000 10,388,000 11,308,000 9,399,000
Cost of Revenue 6,547,000 6,848,000 6,518,000 -
Gross Profit 2,283,000 3,539,000 4,790,000 9,399,000
Operating Expenses
Research and Development 98,000 121,000 120,000 21,000
Sales, General and Admin. 324,000 162,000 294,000 4,873,000
Non-Recurring Items - - - 56,000
Other - - - 946,000
Operating Income 1,861,000 3,256,000 4,376,000 3,502,000
Income From Continuing Operations
Add'l Income/Expense Items 6,000 (819,000) 304,000 -
Earnings Before Interest and Tax 1,865,000 2,427,000 4,675,000 3,503,000
Interest Expense 319,000 512,000 584,000 569,000
Earnings Before Tax 1,546,000 1,915,000 4,091,000 2,934,000
Income Tax 596,000 770,000 1,373,000 938,000
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary (2,000) (10,000) (5,000) (8,000)
Net Income Cont. Operations 949,000 1,135,000 2,713,000 1,988,000
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 951,000 1,145,000 2,718,000 1,988,000
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 951,000 1,145,000 2,718,000 1,988,000