Micronet Enertec Technologies, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 35,571 17,788 10,146 11,106
Cost of Revenue 22,298 13,790 6,297 6,181
Gross Profit 13,273 3,998 3,849 4,925
Operating Expenses
Research and Development 2,675 777 240 250
Sales, General and Admin. 5,349 2,995 1,716 1,844
Non-Recurring Items - - - -
Other 657 551 - -
Operating Income 4,592 (325) 1,893 2,831
Income From Continuing Operations
Add'l Income/Expense Items (2) 4,627 - (5)
Earnings Before Interest and Tax 2,297 4,391 1,326 2,826
Interest Expense - - - 300
Earnings Before Tax 2,297 4,391 1,326 2,526
Income Tax 496 (136) (77) 105
Minority Interest 2,296 (849) - 652
Equity Earnings Unconsolidated Subsidiary - 41 (44) -
Net Income Cont. Operations (495) 5,417 1,359 2,421
Non Recurring Events
Discontinued Operations - - - (150)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (495) 5,417 1,359 1,619
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (495) 5,417 1,359 1,619