Summit Environmental Corporation, Inc.

SEVT · OTC
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12/31/2006
12/31/2005
12/31/2004
12/31/2003
Revenue$389$1,794$191$181
% Growth-78.3%840.5%5.5%
Cost of Goods Sold$1,281$1,065$174$449
Gross Profit-$892$729$17-$268
% Margin-229%40.6%9%-148.4%
R&D Expenses$0$0$0$0
G&A Expenses$0$0$0$0
SG&A Expenses$3,350$1,588$976$744
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses-$8,706-$1,913-$2,100-$2,202
Operating Expenses-$5,356-$325-$1,124-$1,458
Operating Income$4,465$1,054$1,141$1,190
% Margin1,146.8%58.8%598.5%658.7%
Other Income/Exp. Net-$4,465-$1,054-$2,278-$2,376
Pre-Tax Income$0$0-$1,137-$1,186
Tax Expense$0$0$0$0
Net Income-$4,648-$1,089-$1,137-$1,186
% Margin-1,193.8%-60.7%-596.1%-656.4%
EPS-0.18-0.05-0.05-0.07
% Growth-260%0%28.6%
EPS Diluted-0.18-0.05-0.05-0.07
Weighted Avg Shares Out25,89523,94520,77216,376
Weighted Avg Shares Out Dil25,89523,94520,77216,376
Supplemental Information
Interest Income$0$6$4$1
Interest Expense$0$41$2$0
Depreciation & Amortization$224$194$183$178
EBITDA-$4,241-$859-$959-$1,012
% Margin-1,089.3%-47.9%-502.8%-560.2%