Tech World Capital Inc
OTC:KARE
Income Statement
Earnings Waterfall
Tech World Capital Inc
Income Statement
Tech World Capital Inc
| Dec-1993 | Mar-1994 | Jun-1994 | Sep-1994 | Dec-1994 | Mar-1995 | Jun-1995 | Sep-1995 | Dec-1995 | Mar-1996 | Jun-1996 | Sep-1996 | Dec-1996 | Mar-1997 | Jun-1997 | Sep-1997 | Dec-1997 | Mar-1998 | Jun-1998 | Sep-1998 | Dec-1998 | Mar-1999 | Jun-1999 | Sep-1999 | Dec-1999 | Mar-2000 | Jun-2000 | Sep-2000 | Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
|
| Revenue |
4
N/A
|
4
+10%
|
5
+5%
|
5
+3%
|
5
+8%
|
5
+5%
|
6
+5%
|
6
+8%
|
7
+6%
|
7
+8%
|
8
+12%
|
9
+8%
|
9
+5%
|
9
+4%
|
10
+6%
|
12
+16%
|
14
+18%
|
15
+13%
|
17
+9%
|
18
+6%
|
19
+7%
|
22
+17%
|
27
+21%
|
33
+20%
|
38
+16%
|
41
+9%
|
49
+19%
|
55
+12%
|
47
-16%
|
63
+34%
|
61
-3%
|
62
+1%
|
43
-29%
|
57
+32%
|
54
-6%
|
50
-8%
|
36
-27%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(11)
|
(13)
|
(16)
|
(19)
|
(20)
|
(25)
|
(28)
|
(24)
|
(35)
|
(35)
|
(38)
|
(26)
|
(36)
|
(35)
|
(34)
|
(22)
|
|
| Gross Profit |
2
N/A
|
3
+12%
|
3
+8%
|
3
+6%
|
3
+7%
|
4
+5%
|
4
+2%
|
4
+6%
|
4
+5%
|
4
+7%
|
5
+13%
|
5
+9%
|
6
+8%
|
6
+7%
|
6
+5%
|
7
+13%
|
8
+12%
|
9
+9%
|
10
+8%
|
10
+4%
|
10
+6%
|
12
+14%
|
14
+19%
|
17
+18%
|
19
+14%
|
21
+11%
|
24
+15%
|
27
+12%
|
22
-18%
|
28
+24%
|
26
-7%
|
24
-7%
|
18
-25%
|
21
+18%
|
19
-12%
|
16
-13%
|
14
-13%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(10)
|
(12)
|
(14)
|
(16)
|
(15)
|
(19)
|
(21)
|
(21)
|
(18)
|
(21)
|
(23)
|
(22)
|
(18)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(11)
|
(12)
|
(14)
|
(13)
|
(17)
|
(18)
|
(19)
|
(16)
|
(19)
|
(21)
|
(20)
|
(17)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
| Operating Income |
1
N/A
|
2
+15%
|
2
+8%
|
2
N/A
|
2
+5%
|
2
+7%
|
2
+1%
|
2
+7%
|
2
+7%
|
2
+5%
|
3
+8%
|
3
+7%
|
3
-6%
|
3
+6%
|
3
+5%
|
3
+6%
|
4
+15%
|
4
+6%
|
4
+6%
|
4
+6%
|
5
+8%
|
5
+13%
|
6
+19%
|
8
+20%
|
9
+14%
|
9
+9%
|
11
+15%
|
12
+7%
|
8
-34%
|
8
+5%
|
5
-36%
|
3
-49%
|
(0)
N/A
|
(0)
-549%
|
(4)
-944%
|
(6)
-48%
|
(4)
+31%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
| Pre-Tax Income |
1
N/A
|
2
+15%
|
2
+8%
|
2
N/A
|
2
+8%
|
2
+8%
|
2
+2%
|
2
+8%
|
2
+6%
|
3
+6%
|
3
+8%
|
3
+7%
|
3
-16%
|
3
+6%
|
3
+5%
|
3
+6%
|
4
+27%
|
4
+5%
|
4
+6%
|
4
+5%
|
5
+8%
|
5
+10%
|
6
+14%
|
7
+17%
|
8
+10%
|
8
+7%
|
9
+13%
|
10
+2%
|
5
-47%
|
5
-1%
|
2
-62%
|
(1)
N/A
|
(3)
-473%
|
(3)
-6%
|
(7)
-99%
|
(8)
-23%
|
(6)
+24%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
0
|
1
|
1
|
1
|
2
|
1
|
|
| Income from Continuing Operations |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
4
|
5
|
5
|
5
|
6
|
6
|
3
|
3
|
1
|
(0)
|
(2)
|
(2)
|
(5)
|
(7)
|
(5)
|
|
| Net Income (Common) |
1
N/A
|
1
+13%
|
1
+7%
|
1
N/A
|
1
+7%
|
1
+6%
|
1
+2%
|
1
+9%
|
2
+6%
|
2
+6%
|
2
+8%
|
2
+7%
|
2
-1%
|
2
+5%
|
2
+5%
|
2
+5%
|
2
+10%
|
3
+5%
|
3
+5%
|
3
+5%
|
3
+10%
|
3
+10%
|
4
+15%
|
5
+17%
|
5
+11%
|
5
+6%
|
6
+11%
|
6
+1%
|
4
-34%
|
3
-20%
|
1
-60%
|
(0)
N/A
|
(2)
-696%
|
(2)
-23%
|
(27)
-1 013%
|
(29)
-5%
|
(34)
-17%
|
|
| EPS (Diluted) |
0.2
N/A
|
0.23
+15%
|
0.25
+9%
|
0.25
N/A
|
0.26
+4%
|
0.29
+12%
|
0.29
N/A
|
0.31
+7%
|
0.33
+6%
|
0.33
N/A
|
0.35
+6%
|
0.37
+6%
|
0.38
+3%
|
0.4
+5%
|
0.43
+7%
|
0.42
-2%
|
0.48
+14%
|
0.5
+4%
|
0.52
+4%
|
0.55
+6%
|
0.6
+9%
|
0.55
-8%
|
0.59
+7%
|
0.68
+15%
|
0.78
+15%
|
0.81
+4%
|
0.84
+4%
|
0.85
+1%
|
0.57
-33%
|
0.46
-19%
|
0.18
-61%
|
-0.04
N/A
|
-0.28
-600%
|
-0.36
-29%
|
-3.98
-1 006%
|
-4.21
-6%
|
-4.92
-17%
|
|