VYEY Financials 07/16/2014 19:05:31 Victory Energ

VYEY Financials 07/16/2014 19:05:31
Victory Energy Corp.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 735 326 305 386
Cost of Revenue 296 181 122 60
Gross Profit 439 146 184 326
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 1,552 2,849 2,134 657
Non-Recurring Items 659 611 662 (53)
Other 378 51 83 102
Operating Income (2,130) (3,090) (2,695) (381)
Income From Continuing Operations
Add'l Income/Expense Items 35 275 405 -
Earnings Before Interest and Tax (2,115) (3,090) (2,290) (381)
Interest Expense 1 4,010 1,815 52
Earnings Before Tax (2,116) (7,100) (4,106) (433)
Income Tax - - - -
Minority Interest (430) (360) (400) -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,687) (6,740) (3,706) (433)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (1,687) (6,740) (3,706) (433)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (1,687) (6,740) (3,706) (433)