RENTRAK CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Six Months Ended September 30, 2003
ENTERTAINMENT FULFILLMENT TOTAL
REVENUES:
   PPT  $           25,236,794  $                        -  $  25,236,794
   Other                  3,098,214            5,154,443  (1)        7,722,513
              28,335,008            5,154,443      32,959,307
OPERATING COSTS AND EXPENSES:
   Cost of sales               20,640,211  (1)            6,253,033      26,363,100
   Selling, general, and administrative                  8,013,373               740,595        8,753,968
   Net gain from litigation settlement                                  -                             -                         -
   Asset Impairment                                  -                             -                         -
              28,653,584            6,993,628      35,117,068
LOSS FROM OPERATIONS                   (318,576)           (1,839,185)       (2,157,761)
OTHER INCOME (EXPENSE):
   Interest income                       51,703                  71,164            122,867
   Interest expense                        (3,429)                  (4,396)               (7,825)
   Other                                  -                             -                         -
                      48,274                  66,768            115,042
LOSS FROM CONTINUING
OPERATIONS BEFORE INCOME TAX
    BENEFIT                   (270,302)           (1,772,417)       (2,042,719)
INCOME TAX BENEFIT                   (102,715)              (673,078)          (775,793)
LOSS FROM CONTINUING
    OPERATIONS                   (167,587)           (1,099,339)       (1,266,926)
LOSS FROM DISCONTINUED
    OPERATIONS, NET OF TAX BENEFIT
    OF $0                                  -                             -                         -
NET LOSS  $               (167,587)  $      (1,099,339)  $   (1,266,926)
NET LOSS PER SHARE:
    Basic:
       Continuing operations  $                      (0.02)  $                (0.11)  $             (0.13)
       Discontinued operations                                -                             -                         -  
           Total  $                      (0.02)  $                (0.11)  $             (0.13)
    Diluted:
       Continuing operations  $                      (0.02)  $                (0.11)  $             (0.13)
       Discontinued operations                                -                             -                         -  
           Total  $                      (0.02)  $                (0.11)  $             (0.13)
(1)-  Includes Intercompany transactions of $530,144, which are eliminated in consolidated total amounts.