Velocity Energy Inc.
VCYE · OTC
12/31/2008 | 12/31/2007 | 12/31/2006 | 12/31/2005 | |
|---|---|---|---|---|
| Revenue | $725 | $0 | $0 | $0 |
| % Growth | – | – | – | – |
| Cost of Goods Sold | $1,099 | $0 | $0 | $0 |
| Gross Profit | -$374 | $0 | $0 | $0 |
| % Margin | -51.6% | – | – | – |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $2,975 | $0 | $0 | $0 |
| SG&A Expenses | $2,975 | $712 | $641 | $374 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $0 | $0 | $0 | $0 |
| Operating Expenses | $3,160 | $712 | $641 | $374 |
| Operating Income | -$5,182 | -$712 | -$641 | -$374 |
| % Margin | -715.1% | – | – | – |
| Other Income/Exp. Net | -$2,768 | -$499 | -$207 | $0 |
| Pre-Tax Income | -$6,302 | -$582 | $0 | $0 |
| Tax Expense | $918 | -$3 | $847 | $397 |
| Net Income | -$6,302 | -$579 | -$847 | -$397 |
| % Margin | -869.7% | – | – | – |
| EPS | -0.24 | -0.015 | -0.33 | -0.16 |
| % Growth | -1,500% | 95.5% | -106.3% | – |
| EPS Diluted | -0.24 | -0.015 | -0.33 | -0.16 |
| Weighted Avg Shares Out | 26,267 | 38,553 | 2,606 | 2,540 |
| Weighted Avg Shares Out Dil | 26,267 | 38,553 | 2,606 | 2,540 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $3 | $2 | $0 |
| Interest Expense | $918 | $0 | $209 | $23 |
| Depreciation & Amortization | $177 | -$130 | $0 | $0 |
| EBITDA | -$5,005 | -$842 | -$641 | -$374 |
| % Margin | -690.7% | – | – | – |