AOGN Financials 07/16/2014 13:31:46 Avalon Oil &

AOGN Financials 07/16/2014 13:31:46
Avalon Oil & Gas, Inc.
Period Ending Mar 31, 2013 Mar 31, 2012 Mar 31, 2011 Mar 31, 2010
Total Revenue 164 254 188 263
Cost of Revenue 125 129 150 121
Gross Profit 39 125 38 141
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 537 539 1,132 925
Non-Recurring Items - - - 565
Other 76 70 101 321
Operating Income (574) (484) (1,195) (1,669)
Income From Continuing Operations
Add'l Income/Expense Items (49) 36 (44) (93)
Earnings Before Interest and Tax (623) (447) (1,239) (2,273)
Interest Expense 126 290 77 -
Earnings Before Tax (749) (737) (1,316) (2,273)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (798) (702) (1,400) (2,583)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (749) (737) (1,316) (2,273)
Preferred Stock and Other Adjustments (40) (40) (40) (40)
Net Income Applicable to Common Shareholders (789) (777) (1,356) (2,313)