VCLD Financials 07/16/2014 17:09:36 Verecloud Inc
Post# of 3
Verecloud Inc.
Period Ending Jun 30, 2011 Jun 30, 2010
Total Revenue 4,425 5,841
Cost of Revenue 2,314 2,622
Gross Profit 2,111 3,219
Operating Expenses
Research and Development 455 898
Sales, General and Admin. 7,328 2,662
Non-Recurring Items 247 484
Other 37 34
Operating Income (5,956) (858)
Income From Continuing Operations
Add'l Income/Expense Items - 4
Earnings Before Interest and Tax (5,956) (854)
Interest Expense 127 127
Earnings Before Tax (6,083) (980)
Income Tax 13 (580)
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (6,096) (400)
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (6,096) (400)
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (6,096) (400)