1997 Year End Numbers & Financial Ststements
SOLOMON PAGE GROUP LTD.
Consolidated Statement of Operations
(Unaudited)
For Twelve Months Ended September 30 1997 1996
Revenue $28,996,485 $17,165,836
Income From Operations $1,691,499 $509,313
Income Before Income Tax Expense $1,834,896 $729,526
Income Tax Expense $552,531 $19,200
Net Income $1,282,365 $710,326
Primary Income Per Common Share $.20 $.14
Primary weighted Average
Common Shares Outstanding 9,091,644 5,139,285
Fully Diluted Income Per Common Share $0.20 $0.13
Fully Diluted Weighted Average
Common Shares Outstanding 9,091,644 5,452,595
For Three Months Ended September 30 1997 1996
Revenue $9,419,150 $5,623,282
Income From Operations $443,690 $390,825
Income Before Income Tax Expense $488,538 $410,185
Income Tax Expense $264,058 $19,200
Net Income $224,480 $390,985
Primary Income Per Common Share $0.04 $0.08
Primary weighted Average
Common Shares Outstanding 9,091,644 5,139,285
Fully Diluted Income Per Common Share $0.04 $0.07
Fully Diluted Weighted Average
Common Shares Outstanding 9,091,644 5,452,595
Balance Sheet Data as of September 30 1997 1996
Working Capital $4,921,334 $5,530,320
Total Assets $12,815,456 $9,613,173
Long-Term Debt Net of Current Maturities $36,473 $98,203
Stockholders Equity $8,331,465 $7,065,350
SOURCE: The Solomon Page Group, Ltd. |
