RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Nine Months Ended December 31, 2003
ENTERTAINMENT FULFILLMENT TOTAL
REVENUES:
   PPT  $           42,528,137  $                        -  $  42,528,137
   Other                  5,209,601            5,154,443  (1)        9,833,900
REVENUES  $           47,737,738  $        5,154,443  (1)  $  52,362,037
OPERATING COSTS AND EXPENSES:
   Cost of sales               35,164,170  (1)            5,724,602      40,358,628
   Selling, general, and administrative               11,976,556               738,170      12,714,726
   Net gain from litigation settlement                                  -                             -                         -
   Asset Impairment                                  -                             -                         -
              47,140,726            6,462,772      53,073,354
INCOME (LOSS) FROM OPERATIONS                     597,012           (1,308,329)          (711,317)
OTHER INCOME (EXPENSE):
   Interest income                       76,465                  87,427            163,892
   Interest expense                        (5,076)                  (5,164)            (10,240)
   Other                                  -                             -                         -
                      71,389                  82,263            153,652
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
    PROVISION (BENEFIT)                     668,401           (1,226,066)          (557,665)
INCOME TAX PROVISION (BENEFIT)                     253,992              (465,905)          (211,913)
INCOME (LOSS) FROM CONTINUING
    OPERATIONS                     414,409              (760,161)          (345,752)
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $78,850                   (128,649)                             -          (128,649)
NET INCOME (LOSS)  $                 285,760  $          (760,161)  $      (474,401)
NET INCOME (LOSS) PER SHARE:
    Basic:
       Continuing operations  $                       0.04  $                (0.08)  $             (0.04)
       Discontinued operations                          (0.01)                           -                   (0.01)
           Total  $                       0.03  $                (0.08)  $             (0.05)
    Diluted:
       Continuing operations  $                       0.04  $                (0.08)  $             (0.04)
       Discontinued operations                          (0.01)                           -                   (0.01)
           Total  $                       0.03  $                (0.08)  $             (0.05)
(1)-  Includes Intercompany transactions of $530,144, which are eliminated in consolidated total amounts.