GEGSQ Financials 07/16/2014 20:22:43 Global Geoph
Post# of 3
Global Geophysical Services, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 288,659 339,429 384,809 254,705
Cost of Revenue 261,655 262,865 299,168 225,327
Gross Profit 27,004 76,564 85,641 29,378
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 66,194 51,346 43,962 40,387
Non-Recurring Items 89,637 - - -
Other 132,468 131,826 140,280 -
Operating Income (120,203) 40,924 43,362 (11,009)
Income From Continuing Operations
Add'l Income/Expense Items 7,488 11,547 1,154 (6,676)
Earnings Before Interest and Tax (121,339) 36,765 42,833 (17,685)
Interest Expense 35,845 31,750 25,329 21,269
Earnings Before Tax (157,184) 5,015 17,504 (38,954)
Income Tax (3,358) 20,903 12,593 600
Minority Interest (312) (302) (22) 162
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (153,514) (15,586) 4,933 (39,716)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (153,514) (15,586) 4,933 (39,716)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (153,514) (15,586) 4,933 (39,716)