Qualys, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 107,962 91,420 76,212 65,432
Cost of Revenue 24,660 18,404 13,247 11,204
Gross Profit 83,302 73,016 62,965 54,228
Operating Expenses
Research and Development 21,678 20,195 19,633 15,780
Sales, General and Admin. 59,315 49,817 40,426 37,239
Non-Recurring Items - - - -
Other - - - -
Operating Income 2,309 3,004 2,906 1,209
Income From Continuing Operations
Add'l Income/Expense Items (142) (174) (332) (380)
Earnings Before Interest and Tax 2,167 2,830 2,574 829
Interest Expense 43 192 204 186
Earnings Before Tax 2,124 2,638 2,370 643
Income Tax 500 358 416 (204)
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 1,624 2,280 1,954 847
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,624 2,280 1,954 847
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 1,622 1,076 436 179