Comtex News Network, Inc.

Selected Financial Data

 (amounts in  thousands, except per share amounts)

 

 

 

 

  

 

 

Years Ended

 

Quarters

 

June 30

 

 Ended June 30

 

(audited)

 

(unaudited)

 

       2005

       2004

 

        2005

    2004

 

 

 

 

 

 

Revenues

$  7,970

$  8,165  

 

$   1,970

$   2,016

Operating Income (Loss)

826

(1,085)

 

427

178

Net Income (Loss)

$ 729

$ (1,212) 

 

$      431

$       143

 

 

 

 

 

 

Net Income (Loss) Per Share

 

 

 

 

 

     Basic

$   0.05

$   (0.09)

 

$    0.03

$     0.01

     Diluted

 

$   0.05

$   (0.09)

 

$    0.03

$    0.01

 

 

 

 

 

 

Weighted Avg. # Shares:

 

 

 

 

 

     Basic

13,600

13,564

 

13,600

13,588

     Diluted

14,678

13,564

 

14,646

14,696

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to EBITDA:

 

 

 

 

 

Net Income (Loss)

$   729

$(1,212)

 

$     431

$   143

Stock-based compensation

-

68

 

-

-

Depreciation & Amortization

624

864

 

119

184

Interest/Other Expense

97

127

 

(5)

35

Income Taxes

-

-

 

-

-

EBITDA

$ 1,450

$  (153)

 

$    545

$    362

 

 

Please Note:  EBITDA consists of earnings before interest and other expense, interest and other income, income taxes, stock-based compensation, depreciation and amortization and impairment charges. EBITDA is not a term defined by generally accepted accounting principles, and as a result, our measure of EBITDA might not be comparable to similarly titled measures used by other companies.  However, we believe that EBITDA is relevant and useful information, which is often reported and widely used by analysts, investors and other interested parties in our industry.  Accordingly, we are disclosing this information to permit a more comprehensive analysis of our operating performance.