| 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. |
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