GFPMF Financials 07/16/2014 03:37:38 Gale Force P
Post# of 4
Gale Force Petroleum Inc.
Period Ending Jun 30, 2013 Jun 30, 2012 Jun 30, 2011 Jul 01, 2010
Total Revenue 4,995 4,904 2,234 211
Cost of Revenue 2,934 2,573 1,089 48
Gross Profit 2,061 2,332 1,145 163
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,450 1,294 545 786
Non-Recurring Items - - - -
Other 1,011 966 308 41
Operating Income (400) 71 291 (663)
Income From Continuing Operations
Add'l Income/Expense Items 116 1,456 431 690
Earnings Before Interest and Tax (283) 1,528 722 27
Interest Expense 473 385 325 27
Earnings Before Tax (757) 1,143 397 -
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (757) 1,143 397 -
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (757) 1,143 397 -
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (757) 1,143 397 -