Celerity Solutions, Inc.

CLTY · OTC
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12/31/1999
9/30/1999
6/30/1999
3/31/1999
Revenue$1,392$2,236$2,334$2,466
% Growth-37.7%-4.2%-5.4%
Cost of Goods Sold$837$1,065$976$1,923
Gross Profit$555$1,171$1,358$544
% Margin39.9%52.4%58.2%22%
R&D Expenses$129$426$515$907
G&A Expenses$0$0$0$0
SG&A Expenses$498$563$596$2,368
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$170$169$169-$361
Operating Expenses$796$1,157$1,279$2,915
Operating Income-$241$14$78-$2,371
% Margin-17.3%0.6%3.4%-96.1%
Other Income/Exp. Net$241-$14-$78-$443
Pre-Tax Income$0$0$0-$2,814
Tax Expense$0$0$0-$423
Net Income-$145$27$32-$2,391
% Margin-10.4%1.2%1.4%-96.9%
EPS-0.020.0030.003-0.27
% Growth-814.3%-15.2%101.2%
EPS Diluted-0.020.0030.003-0.27
Weighted Avg Shares Out9,5939,5939,5938,813
Weighted Avg Shares Out Dil9,5939,5939,5938,813
Supplemental Information
Interest Income$0$34$0$0
Interest Expense$0$20$0$0
Depreciation & Amortization$170$169$169$90
EBITDA-$72$183$247-$2,606
% Margin-5.1%8.2%10.6%-105.7%