AMBOY Financials 07/16/2014 07:04:10 Ambow Educat

AMBOY Financials 07/16/2014 07:04:10
Ambow Education Holding Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 188,389 205,043 237,825 169,151
Cost of Revenue 122,671 129,256 98,693 72,808
Gross Profit 65,718 75,786 139,131 96,343
Operating Expenses
Research and Development 3,228 5,111 6,282 4,181
Sales, General and Admin. 153,586 207,604 98,140 60,478
Non-Recurring Items 13,916 129,471 - -
Other - - - -
Operating Income (105,013) (266,400) 34,709 31,683
Income From Continuing Operations
Add'l Income/Expense Items (2,248) 57 (678) (208)
Earnings Before Interest and Tax (107,261) (266,343) 34,032 31,475
Interest Expense 2,333 1,582 2,519 346
Earnings Before Tax (109,594) (267,925) 31,513 31,129
Income Tax (4,868) (8,447) 5,917 5,744
Minority Interest (559) (8,402) (789) (658)
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (104,726) (259,478) 25,596 25,385
Non Recurring Events
Discontinued Operations (45,624) (9,131) (23,019) 6,741
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (149,791) (260,207) 3,366 32,783
Preferred Stock and Other Adjustments - - - (22,724)
Net Income Applicable to Common Shareholders (149,791) (260,207) 3,366 10,059