CTBG Financials 07/16/2014 06:10:40 Coil Tubing T
Post# of 4
Coil Tubing Technology, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 6,143 7,765 5,541
Cost of Revenue 3,276 3,420 2,226
Gross Profit 2,867 4,345 3,315
Operating Expenses
Research and Development - - -
Sales, General and Admin. 3,413 3,333 2,385
Non-Recurring Items - - -
Other 288 243 171
Operating Income (834) 769 760
Income From Continuing Operations
Add'l Income/Expense Items ( - -
Earnings Before Interest and Tax (842) 769 760
Interest Expense 24 17 30
Earnings Before Tax (866) 752 729
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (866) 752 729
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (866) 752 729
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (866) 752 729