PAOS Financials 07/16/2014 11:47:33 Precision Aer

PAOS Financials 07/16/2014 11:47:33
Precision Aerospace Components, Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 20,240 7,729 9,730
Cost of Revenue 14,514 5,321 6,662
Gross Profit 5,726 2,408 3,068
Operating Expenses
Research and Development - - -
Sales, General and Admin. 4,924 2,211 2,474
Non-Recurring Items - - -
Other 58 55 65
Operating Income 744 142 528
Income From Continuing Operations
Add'l Income/Expense Items (852) (2,558) -
Earnings Before Interest and Tax (108) (2,417) 528
Interest Expense 428 83 113
Earnings Before Tax (536) (2,500) 415
Income Tax (1,286) (3) 168
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 751 (2,497) 247
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 751 (2,497) 247
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders 751 (2,497) 247