RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Six Months Ended September 30,
2003 2002
REVENUES:
   PPT  $            25,236,794  $            35,842,448
   Other                   7,722,513                   7,359,475
                32,959,307                 43,201,923
OPERATING COSTS AND EXPENSES:
   Cost of sales                 26,363,100                 35,300,572
   Selling, general, and administrative                   8,753,968                   7,556,255
   Net gain from litigation settlement                                   -                     (361,847)
   Asset Impairment                                   -                                   -
                35,117,068                 42,494,980
INCOME (LOSS) FROM OPERATIONS                 (2,157,761)                      706,943
OTHER INCOME (EXPENSE):
   Interest income                      122,867                        71,500
   Interest expense                         (7,825)                                   -
   Gain (Loss) on sale of investments                                   -                                   -
   Gain on Rentrak Japan transaction                                   -                                   -
                     115,042                        71,500
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
   PROVISION (BENEFIT)                 (2,042,719)                      778,443
INCOME TAX PROVISION (BENEFIT)                     (775,793)                      295,811
INCOME (LOSS) FROM CONTINUING
    OPERATIONS                 (1,266,926)                      482,632
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $0 AND $258,174                                   -                     (421,230)
NET INCOME (LOSS)  $             (1,266,926)  $                    61,402
NET INCOME (LOSS) PER SHARE:
    Basic:
       Continuing operations  $                       (0.13)  $                         0.05
       Discontinued operations                                 -                             (0.04)
           Total  $                       (0.13)  $                         0.01
    Diluted:
       Continuing operations  $                       (0.13)  $                         0.05
       Discontinued operations                                 -                             (0.04)
           Total  $                       (0.13)  $                         0.01