Annabidiol Corp
OTC:ACBD
Income Statement
Earnings Waterfall
Annabidiol Corp
Income Statement
Annabidiol Corp
| Dec-1995 | Mar-1996 | Jun-1996 | Sep-1996 | Dec-1996 | Mar-1997 | Jun-1997 | Sep-1997 | Dec-1997 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue |
80
N/A
|
95
+18%
|
107
+13%
|
95
-11%
|
97
+2%
|
103
+6%
|
99
-4%
|
118
+19%
|
124
+5%
|
|
| Gross Profit | ||||||||||
| Cost of Revenue |
(68)
|
(80)
|
(89)
|
(83)
|
(91)
|
(98)
|
(97)
|
(114)
|
(122)
|
|
| Gross Profit |
12
N/A
|
15
+22%
|
18
+21%
|
12
-32%
|
7
-45%
|
5
-31%
|
3
-44%
|
4
+51%
|
1
-66%
|
|
| Operating Income | ||||||||||
| Operating Expenses |
(4)
|
(5)
|
(5)
|
(5)
|
(7)
|
(6)
|
(7)
|
(7)
|
(12)
|
|
| Selling, General & Administrative |
(4)
|
(5)
|
(4)
|
(4)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
|
| Other Operating Expenses |
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(5)
|
|
| Operating Income |
8
N/A
|
10
+28%
|
13
+30%
|
7
-45%
|
(0)
N/A
|
(2)
-6 156%
|
(4)
-154%
|
(3)
+26%
|
(10)
-229%
|
|
| Pre-Tax Income | ||||||||||
| Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(6)
|
(7)
|
(8)
|
(5)
|
|
| Non-Reccuring Items |
(1)
|
(1)
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
(5)
|
|
| Total Other Income |
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
5
N/A
|
7
+48%
|
12
+67%
|
6
-50%
|
(4)
N/A
|
(8)
-103%
|
(12)
-48%
|
(11)
+1%
|
(20)
-76%
|
|
| Net Income | ||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
|
| Income from Continuing Operations |
4
|
6
|
10
|
5
|
(4)
|
(8)
|
(11)
|
(11)
|
(20)
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(3)
|
(3)
|
2
|
3
|
5
|
6
|
4
|
|
| Equity Earnings Affiliates |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
2
N/A
|
3
+77%
|
7
+114%
|
2
-77%
|
(3)
N/A
|
(6)
-83%
|
(8)
-35%
|
(7)
+13%
|
(17)
-155%
|
|
| EPS (Diluted) |
0.38
N/A
|
0.63
+66%
|
1.35
+114%
|
0.31
-77%
|
-0.63
N/A
|
-1.15
-83%
|
-1.55
-35%
|
-1.34
+14%
|
-3.42
-155%
|
|