SOFT Financials 07/16/2014 12:56:39 SofTech, Inc.
Post# of 5
Posted On: 07/16/2014 1:56:35 PM
SOFT Financials 07/16/2014 12:56:39
SofTech, Inc.
Period Ending May 31, 2013 May 31, 2012 May 31, 2011
Total Revenue 6,358 6,435 6,867
Cost of Revenue 1,375 1,410 1,408
Gross Profit 4,983 5,025 5,459
Operating Expenses
Research and Development 1,087 1,243 1,614
Sales, General and Admin. 3,186 2,984 3,956
Non-Recurring Items - - -
Other - - -
Operating Income 710 798 (111)
Income From Continuing Operations
Add'l Income/Expense Items 7 (31) 67
Earnings Before Interest and Tax 717 767 (44)
Interest Expense 342 320 520
Earnings Before Tax 375 447 (564)
Income Tax 15 3 18
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 360 444 (582)
Non Recurring Events
Discontinued Operations - - 360
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 360 444 (222)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders 360 444 (222)
SofTech, Inc.
Period Ending May 31, 2013 May 31, 2012 May 31, 2011
Total Revenue 6,358 6,435 6,867
Cost of Revenue 1,375 1,410 1,408
Gross Profit 4,983 5,025 5,459
Operating Expenses
Research and Development 1,087 1,243 1,614
Sales, General and Admin. 3,186 2,984 3,956
Non-Recurring Items - - -
Other - - -
Operating Income 710 798 (111)
Income From Continuing Operations
Add'l Income/Expense Items 7 (31) 67
Earnings Before Interest and Tax 717 767 (44)
Interest Expense 342 320 520
Earnings Before Tax 375 447 (564)
Income Tax 15 3 18
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 360 444 (582)
Non Recurring Events
Discontinued Operations - - 360
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 360 444 (222)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders 360 444 (222)
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