MBAIF Financials 07/16/2014 16:06:39 CIBT Educati
Post# of 4
CIBT Education Group, Inc.
Period Ending Aug 31, 2013 Aug 31, 2012 Aug 31, 2011 Sep 01, 2010
Total Revenue 29,534 58,741 59,902 52,473
Cost of Revenue 12,372 27,514 28,230 19,384
Gross Profit 17,162 31,227 31,672 33,089
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 19,034 30,223 33,900 30,133
Non-Recurring Items - - 6,093 2,505
Other 1,076 1,603 1,695 1,442
Operating Income (2,948) (599) (10,016) (991)
Income From Continuing Operations
Add'l Income/Expense Items 130 41 (367) (247)
Earnings Before Interest and Tax (2,818) (558) (10,383) (1,238)
Interest Expense 101 147 157 87
Earnings Before Tax (2,920) (705) (10,540) (1,325)
Income Tax (1,153) 120 (863) (2,218)
Minority Interest - - - 347
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,767) (825) (9,677) 546
Non Recurring Events
Discontinued Operations 897 - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (870) (825) (9,677) 546
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (870) (825) (9,677) 546