More CHOD DD, revenues, etc ...
CASTLE HOLDING CORP (CHOD)
45 CHURCH STREET, SUITE 25, FREEPORT, NEW YORK 11520 (516)868-2000
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date. 6,640,500
SHARES ($.0025 PAR VALUE) AT SEPTEMBER 30, 1999
Castle Online - A substantial portion of the Registrant's revenues
are presently being derived from the Castle Online division of CSC-1.
This division offers customers the ability toplace securities orders
electronically over the internet. Many of its customers trade
actively and engage in day trading. The SEC and NASD has proposed a
variety of rules regarding day trading which, if implemented, may
adverselyaffect the Registrant.
THREE MONTHS NINE MONTHS
ENDED JUNE 30, ENDED JUNE 30,
1999 1998 1999 1998
Revenues:
Commissions $861,180 $429,765 $2,238,310 $1,228,140
Principal transactions 185,882 63,676 285,434 204,665
Interest and dividends 2,089 753 3,744 3,143
Total revenues 1,049,151 494,194 2,527,488 1,435,948
Expenses:
Commissions 212,278 69,368 386,535 187,479
Clearing and execution costs 220,598 124,209 614,652 134,800
Communications 42,227 52,924 159,427 181,794
Administrative compensation
and employee benefits 236,203 141,784 510,515 460,767
Professional and consulting
fees 109,394 51,009 298,958 155,622
Registration and regulatory
fees 3,559 3,965 27,923 30,190
Occupancy 16,420 11,593 47,400 33,293
Interest 7,666 4,495 24,902 13,795
Other 146,183 136,920 441,066 401,836
Total expenses 994,528 596,267 2,511,378 1,599,576
Income (loss) before provision for
income taxes 54,623 (102,073) 16,110 (163,628)
Provision for (benefit from)
income taxes 1,153 951 1,861 1,996
Net income (loss) $ 53,470 $(103,024) $ 14,249 $ (165,624)
Net loss per share:
Basic and diluted $ .01 $ (.02) $ .00 $ (.03)
Weighted average number of
common shares outstanding 6,323,700 4,978,400 5,564,178 4,960,600
:
THREE MONTHS ENDED NINE MONTHS ENDED
JUNE 30, JUNE 30,
1999 1998 1999 1998
Commissions:
Castle Online $ 728,652 $ 282,035 $1,878,742 $ 684,089
Active Account Program 103,790 125,658 275,962 460,519
Other 28,738 22,072 83,606 83,532
Total commissions 861,180 429,765 2,238,310 1,228,140
Principal transactions:
Trading accounts 186,178 63,207 285,490 225,642
Investment accounts (296) 469 (56) (20,977)
Total principal transactions 185,882 63,676 285,434 204,665
Interest and dividends 2,089 753 3,744 3,143
Total revenues $1,049,151 $494,194 $2,527,488 $1,435,948 |
