H.E.R.C. Products Inc.

HERC · OTC
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6/30/2004
3/31/2004
12/31/2003
9/30/2003
Revenue$1,501$1,535$1,859$1,537
% Growth-2.2%-17.4%20.9%
Cost of Goods Sold$1,029$988$1,053$1,239
Gross Profit$472$546$805$298
% Margin31.4%35.6%43.3%19.4%
R&D Expenses$0$0$0$0
G&A Expenses$0$0$0$0
SG&A Expenses$741$563$646$660
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$0$0$0
Operating Expenses$741$563$646$660
Operating Income-$270-$17$159-$362
% Margin-18%-1.1%8.6%-23.5%
Other Income/Exp. Net-$58-$39-$46-$32
Pre-Tax Income-$327-$56$113-$394
Tax Expense$0$0$0$0
Net Income-$327-$56$113-$394
% Margin-21.8%-3.6%6.1%-25.6%
EPS-0.026-0.0050.01-0.032
% Growth-480%-145%131.1%
EPS Diluted-0.026-0.0050.01-0.032
Weighted Avg Shares Out12,55112,44112,14412,205
Weighted Avg Shares Out Dil12,55112,44112,14412,205
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$38$39$47$32
Depreciation & Amortization$52$49$60$53
EBITDA-$218$33$219-$309
% Margin-14.5%2.1%11.8%-20.1%