RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Twelve Months Ending March 31, 2003
ENTERTAINMENT FULFILLMENT TOTAL
REVENUES:
   PPT  $           67,081,943  $                        -  $  67,081,943
   Other                  3,872,578          17,380,544  (1)      19,138,418
              70,954,521          17,380,544      86,220,361
OPERATING COSTS AND EXPENSES:
   Cost of sales               55,663,641  (1)          17,412,793      70,961,730
   Selling, general, and administrative               12,388,292            2,398,514      14,786,806
   Net gain from litigation settlement                   (361,847)                             -          (361,847)
   Asset Impairment                                  -               844,041            844,041
              67,690,086          20,655,348      86,230,730
INCOME (LOSS) FROM OPERATIONS                  3,264,435           (3,274,804)            (10,369)
OTHER INCOME (EXPENSE):
   Interest income                     138,759                  65,524            204,283
   Interest expense                        (5,894)                (19,115)            (25,009)
   Other                                  -                             -                         -
                    132,865                  46,409            179,274
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
    PROVISION (BENEFIT)                  3,397,300           (3,228,395)            168,905
INCOME TAX PROVISION (BENEFIT)                  1,311,448           (1,226,791)              84,657
INCOME (LOSS) FROM CONTINUING
    OPERATIONS                  2,085,852           (2,001,604)              84,248
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $357,094                   (582,627)                             -          (582,627)
NET INCOME (LOSS)  $             1,503,225  $      (2,001,604)  $      (498,379)  $                        -  $                 -  $                 -  $        -
EARNINGS (LOSS) PER SHARE:
    Basic:
       Continuing operations  $                       0.22  $                (0.21)  $              0.01
       Discontinued operations  $                      (0.06)  $                      -    $             (0.06)
           Total  $                       0.16  $                (0.21)  $             (0.05)
    Diluted:
       Continuing operations  $                       0.21  $                (0.20)  $              0.01
       Discontinued operations  $                      (0.06)  $                      -    $             (0.06)
           Total  $                       0.15  $                (0.20)  $             (0.05)
(1)-  Includes Intercompany transactions of $2,114,704, which are eliminated in consolidated total amounts.