i agree it is hard to estimate eps with all the buying and selling going on
) Three Months Ended Six Months Ended
September 30, September 30,
1997 1996 1997 1996
Net Sales $2,057,892 $ 509,661 $4,616,582 $1,050,065
Cost of Sales 1,890,481 408,040 3,850,511 786,827
---------- --------- --------- ----------
Gross Profit 167,411 101,621 766,071 263,238
Selling, General &
Admin. Expenses 294,049 60,101 711,302 166,589
Salaries and
Compensation 505,261 106,880 716,150 207,056
Amortization &
Depreciation 53,043 62,607 158,672 123,843
Professional and
Consulting Fees 168,842 48,003 270,963 71,191
--------- -------- --------- ----------
1,021,195 277,591 1,857,087 568,679
Income (Loss)
from Operations (853,784) (175,970) (1,091,016) (305,441)
Other Income and (Expense):
Interest Expense (44,828) (3,615) (76,541) (10,648)
Interest Income 180,230 -- 192,180 --
--------- ---------- --------- ---------
135,402 (3,615) 115,639 (10,648)
Net (Loss) - Continuing
Operations (718,382) (179,585) (975,377) (316,089)
Loss from discontinued computer
board operations (526,178) (558,958)
Sale of discontinued operation - prepaid phone card -
UK segment 3,078,421 3,078,421
Discontinued prepaid phone
card segment - U.K. (585,775) (226,091)
Net Income (Loss) 1,248,086 (179,585) 1,317,995 (316,089)
Net Income (Loss)
per common share $0.12 ($0.05) $0.13 ($0.08)
Fully diluted Net
Income (Loss) per share $0.09 ($0.05) $0.10 ($0.08)
Weighted average common
shares outstanding 10,730,520 3,910,553 9,923,048 3,835,098
last quarter total net sales were around 2 million(revenue)
net loss from operations 700,000(-.06 per share)
sale of cardcall brought 2.5 mil to earnings(profit- cost to discontinue)
discontinued computer board operations loss 500,000
this quarter we will have first positive revenue from cyberfax and dci uk
hopefully improving revenues in other subsidiaries
cost of deals with worldpass and datawave
profit from selling R&D and alpha products and cost of
discontinuing and selling them
cost of buyback
dilution of shares from new shares on market from previous aquisitions
does worldpass revenues and earnings go to our bottom line this quarter?
just looking at the earnings report and loss of operations last
quarter it would seem we need to make .06 per share more this
quarter to break even but all of the buying and selling going on
complicates everything....
so i'll just wait to see the results this week...
samir |
