SITS Financials 07/16/2014 08:46:55 Southern ITS
Post# of 35
Southern ITS International Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Total Revenue 1,776 333 43
Cost of Revenue 1,215 101 -
Gross Profit 561 232 43
Operating Expenses
Research and Development - - -
Sales, General and Admin. 537 335 3,103
Non-Recurring Items - - -
Other - - -
Operating Income 24 (104) (3,060)
Income From Continuing Operations
Add'l Income/Expense Items - (1,974) -
Earnings Before Interest and Tax 24 (2,077) (3,060)
Interest Expense 90 71 78
Earnings Before Tax (66) (2,149) (3,138)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (66) (2,149) (3,138)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (66) (2,149) (3,138)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (66) (2,149) (3,138)