SyCoNet.com 4Q Oper Loss 8c A Share Vs Loss 4c
Dow Jones Newswires
3/22/2000
SyCoNet.com Inc. - Manassas, Va.
4th Quar Dec. 31:
1999 1998
Sales $380,402 $235,385
Net income a (4,883,743) (235,109)
Shr earns
Net income a (.50) (.04)
Year:
Sales 1,153,536 625,955
Net income a (5,297,973) (661,029)
Shr earns
Net income a (.55) (.12)
Figures in parentheses are losses.
a. Includes costs of $4.1 million for noncash, stock-based
compensation expense, and consulting fees payable in stock.
Excluding these costs, losses were $745,541, or 8 cents a
share, for the quarter, and losses for the year were $1.6
million, or 12 cents a share.
SyCoNet.com Inc. (SYCD), which trades on the over-the-
counter Bulletin Board, distributes Japanese-animated
movies.
Well, not exactly thrilling.
Sales are increasing though, not to what I was expecting though.
Jack |
