BIFS TECHNOLOGIES CORPORATION
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CONSOLIDATED STATEMENTS OF OPERATIONS
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FOR THE THREE MONTHS ENDED
MARCH 31, 2001 AND 2000
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Three-months ended
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2001 2000
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(Unaudited) (Unaudited)
REVENUES $ 119,676 $ -
COST OF REVENUES 137,237 -
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GROSS PROFIT (LOSS) ( 17,561) -
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OTHER EXPENSES
General and administrative 111,243 17,577
Salaries and related expenses 141,363 -
Professional fees 268,925 62,264
Marketing 83,399 -
Depreciation and amortization 73,140 1,291
Interest 36,977 11,140
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715,047 92,272
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NET LOSS $(732,608) $( 92,272)
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LOSS PER COMMON SHARE $( .0014) $( .0002)
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WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING (shares in 100's) 5,232,874 4,210,500
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