BWMG Financials 07/16/2014 16:30:08 Brownie's Mar
Post# of 51
Brownie's Marine Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 2,871 2,864 2,207 2,181
Cost of Revenue 1,990 1,982 1,705 1,688
Gross Profit 881 882 502 493
Operating Expenses
Research and Development 76 48 46 136
Sales, General and Admin. 1,459 2,457 1,627 1,353
Non-Recurring Items - - - -
Other - - - -
Operating Income (654) (1,623) (1,172) (995)
Income From Continuing Operations
Add'l Income/Expense Items 74 (82) 3 38
Earnings Before Interest and Tax (580) (1,705) (1,168) (957)
Interest Expense 201 271 2,547 299
Earnings Before Tax (781) (1,975) (3,716) (1,255)
Income Tax 7 38 60 (66)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (788) (2,013) (3,776) (1,190)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (788) (2,013) (3,776) (1,190)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (788) (2,013) (3,776) (1,190)