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| RENTRAK
CORPORATION |
|
| CONSOLIDATED
STATEMENTS OF OPERATIONS |
|
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|
| (UNAUDITED) |
|
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|
Year Ended March 31, 2005 |
|
|
ENTERTAINMENT |
|
FULFILLMENT |
|
TOTAL |
|
|
|
|
|
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| Revenues |
98,514,333 |
|
$ 23,242 |
|
$ 98,537,575 |
|
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| Operating Expenses: |
|
|
|
|
| Cost of sales |
70,047,957 |
|
6,039 |
|
70,053,996 |
|
|
Selling and administrative |
19,828,719 |
|
45,105 |
|
19,873,824 |
|
| Net loss from litigation settlement |
225,493 |
|
- |
|
225,493 |
|
| Asset impairment |
26,627 |
|
- |
|
26,627 |
|
|
|
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|
|
|
90,128,796 |
|
51,144 |
|
90,179,940 |
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|
| Income (loss) from operations |
8,385,537 |
|
(27,902) |
|
8,357,635 |
|
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|
| Other income (expense): |
|
|
|
|
| Interest income |
154,421 |
|
178,267 |
|
332,688 |
|
| Interest expense |
(5,216) |
|
(5,319) |
|
(10,535) |
|
|
149,205 |
|
172,948 |
|
322,153 |
|
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|
| Income before income taxes |
8,534,742 |
|
145,046 |
|
8,679,788 |
|
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|
| Provision for income taxes |
3,382,223 |
|
55,116 |
|
3,437,339 |
|
|
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|
| Net Income |
$ 5,152,519 |
|
$ 89,930 |
|
$ 5,242,449 |
|
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|
| Net Income per Share |
|
|
|
|
| Basic |
$ 0.51
|
|
$ 0.01 |
|
$ 0.52 |
|
| Diluted |
$ 0.49
|
|
$ - |
|
$ 0.49 |
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