ASAM Financials 07/16/2014 04:12:26 AssuranceAmer
Post# of 3
AssuranceAmerica Corp.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 56,403 63,336
Cost of Revenue 31,040 25,022
Gross Profit 25,363 38,314
Operating Expenses
Research and Development - -
Sales, General and Admin. 30,866 32,318
Non-Recurring Items - -
Other 1,015 994
Operating Income (6,524) 4,653
Income From Continuing Operations
Add'l Income/Expense Items - 3,510
Earnings Before Interest and Tax (6,519) 5,002
Interest Expense 6 349
Earnings Before Tax (6,524) 4,653
Income Tax 2,447 1,910
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (8,971) 2,742
Non Recurring Events
Discontinued Operations (2,590) (2,162)
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (11,561) 580
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (11,561) 580