Titan NRG Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Dec '11 Dec 31, 2011	Mar '11 Mar 31, 2011	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009	Mar '08 Mar 31, 2008
Revenue	13.35	9.87	4.61	1.52	1.92
Revenue Growth (YoY)	40.56%	114.30%	202.37%	-20.55%	-
Cost of Revenue	9.42	6.71	3.05	1.48	1.86
Gross Profit	3.93	3.17	1.56	0.04	0.06
Selling, General & Admin	4.11	2.19	2.34	0.38	0.24
Operating Expenses	4.11	2.19	2.34	0.38	0.24
Operating Income	-0.18	0.98	-0.79	-0.34	-0.17
Interest Expense	-0.23	-0.2	-0.13	-0.04	-0.05
Interest & Investment Income	0	0	0	0	0
Other Non Operating Income (Expenses)	-0.05	-	-	0.01	-
EBT Excluding Unusual Items	-0.46	0.78	-0.92	-0.37	-0.22
Other Unusual Items	-	-0.44	-	-	-
Pretax Income	-0.46	0.34	-0.92	-0.37	-0.22
Income Tax Expense	0.13	0.12	-	-	-
Net Income	-0.59	0.21	-0.92	-0.37	-0.22
Preferred Dividends & Other Adjustments	0.08	0.05	-	-	-
Net Income to Common	-0.67	0.17	-0.92	-0.37	-0.22
Shares Outstanding (Basic)	63	60	55	44	41
Shares Outstanding (Diluted)	63	74	55	44	41
Shares Change (YoY)	-13.41%	34.29%	25.89%	6.09%	-
EPS (Basic)	-0.01	0.00	-0.02	-0.01	-0.01
EPS (Diluted)	-0.01	0.00	-0.02	-0.01	-0.01
Free Cash Flow	-1.81	-2.11	-1.24	-0.3	-0.56
Free Cash Flow Per Share	-0.03	-0.03	-0.02	-0.01	-0.01
Gross Margin	29.41%	32.09%	33.77%	2.61%	3.25%
Operating Margin	-1.36%	9.95%	-17.10%	-22.07%	-9.05%
Profit Margin	-5.05%	1.69%	-20.01%	-24.05%	-11.52%
Free Cash Flow Margin	-13.58%	-21.32%	-26.89%	-19.88%	-29.26%
EBITDA	0.11	1.27	-0.51	-0.06	0.06
EBITDA Margin	0.83%	12.82%	-11.10%	-3.84%	2.88%
D&A For EBITDA	0.29	0.28	0.28	0.28	0.23
EBIT	-0.18	0.98	-0.79	-0.34	-0.17
EBIT Margin	-1.36%	9.95%	-17.10%	-22.06%	-9.05%
Effective Tax Rate	-	36.63%	-	-	-
Advertising Expenses	-	-	-	0	-

Source: S&P Capital IQ. Standard template. Financial Sources.