QDLC Financials 07/16/2014 18:20:46 Quadlogic Con
Post# of 4
Quadlogic Controls Corp.
Period Ending Feb 29, 2012 Feb 28, 2011
Total Revenue 17,301 15,219
Cost of Revenue 9,435 8,591
Gross Profit 7,866 6,628
Operating Expenses
Research and Development 1,352 1,185
Sales, General and Admin. 4,291 3,648
Non-Recurring Items - -
Other - -
Operating Income 2,224 1,794
Income From Continuing Operations
Add'l Income/Expense Items (42) (32)
Earnings Before Interest and Tax 2,182 1,762
Interest Expense 347 392
Earnings Before Tax 1,835 1,370
Income Tax - -
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations 1,835 1,370
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 1,835 1,370
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders 1,835 1,370