Verecloud, Inc.

VCLD · OTC
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9/30/2011
6/30/2011
3/31/2011
12/31/2010
Revenue$141$318$1,002$1,594
% Growth-55.7%-68.3%-37.1%
Cost of Goods Sold$295$405$540$691
Gross Profit-$154-$87$462$903
% Margin-109.5%-27.2%46.1%56.6%
R&D Expenses$249$0$0$0
G&A Expenses$588$4,828$616$542
SG&A Expenses$751$4,950$740$784
Sales & Mktg Exp.$163$122$124$242
Other Operating Expenses$0$0$0$0
Operating Expenses$1,049$5,466$797$850
Operating Income-$1,203-$5,552-$335$53
% Margin-854.2%-1,745.7%-33.4%3.3%
Other Income/Exp. Net-$63-$27-$16-$35
Pre-Tax Income-$1,266-$5,579-$373$18
Tax Expense$0$0$13$0
Net Income-$1,266-$5,580-$386$18
% Margin-899.1%-1,754.4%-38.5%1.1%
EPS-0.018-0.078-0.0050
% Growth77.4%-1,344.4%-1,900%
EPS Diluted-0.018-0.078-0.0050
Weighted Avg Shares Out71,99971,58171,36770,398
Weighted Avg Shares Out Dil71,99971,79171,36787,856
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$72$27$38$35
Depreciation & Amortization$229$245$9$9
EBITDA-$974-$5,307-$3,329$62
% Margin-691.7%-1,668.7%-332.1%3.9%