RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Three Months Ended March 31, 2005 Six Months Ended Sept. 30, 2004
ENTERTAINMENT FULFILLMENT TOTAL ENTERTAINMENT FULFILLMENT TOTAL
Revenues             23,362,464  $            23,242  $  23,385,706 #REF! #REF! #REF!
Operating Expenses:
   Cost of sales             15,916,044                        -     15,916,044  70,047,957          6,039  70,053,996
   Selling and administrative               5,959,481               12,510       5,971,991  19,853,602         20,222  19,873,824
   Net loss from litigation settlement                 225,493                        -          225,493
   Asset impairment                   26,627                        -            26,627
            22,127,645               12,510     22,140,155  89,901,559         26,261  89,927,820
Income from Operations               1,234,819               10,732       1,245,551 #REF! #REF! #REF!
Other income (expense):
   Interest income                   73,930               51,042          124,972       264,040         68,648       332,688
   Interest expense                       (377)                   (724)            (1,101)        (10,535)                 -        (10,535)
                  73,553               50,318          123,871       253,505         68,648       322,153
Income before income taxes               1,308,372               61,050       1,369,422 #REF! #REF! #REF!
Provision for income taxes                 585,201               24,459          609,660    3,421,865         15,471    3,437,336
Net Income  $              723,171  $            36,591  $      759,762 #REF! #REF! #REF!
Net Income per share
    Basic  $                   0.07  $                  -    $           0.07 #REF! #REF!  $        0.52
    Diluted  $                   0.07  $                  -    $           0.07 #REF! #REF!  $        0.49