Winland Ocean Shipping Corp

WLOLQ · OTC
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12/31/2011
12/31/2010
12/31/2009
12/31/2008
Revenue$60,762$59,154$50,179$84,206
% Growth2.7%17.9%-40.4%
Cost of Goods Sold$48,171$45,996$43,624$53,395
Gross Profit$12,591$13,158$6,555$30,811
% Margin20.7%22.2%13.1%36.6%
R&D Expenses$0$31$99$41
G&A Expenses$2,353$2,464$4,107$3,647
SG&A Expenses$2,700$2,827$4,450$3,647
Sales & Mktg Exp.$347$363$343$0
Other Operating Expenses$7,333$6,460$7,481$7,048
Operating Expenses$10,032$9,287$11,932$10,695
Operating Income$2,558$3,871-$5,377$20,116
% Margin4.2%6.5%-10.7%23.9%
Other Income/Exp. Net-$3,379-$1,104-$1,278-$1,014
Pre-Tax Income-$821$2,767-$6,654$19,102
Tax Expense$0$0$90$18
Net Income$3,057$3,142-$6,959$19,071
% Margin5%5.3%-13.9%22.6%
EPS0.020.02-0.040.11
% Growth0%150%-136.4%
EPS Diluted0.020.016-0.040.11
Weighted Avg Shares Out195,000195,000195,000173,816
Weighted Avg Shares Out Dil195,000195,000195,000173,816
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$2,852$994$628$817
Depreciation & Amortization$7,333$6,460$7,481$7,111
EBITDA$9,364$10,221$1,455$26,954
% Margin15.4%17.3%2.9%32%