RENTRAK CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
	Three Months Ended September 30, 2004
	ENTERTAINMENT		FULFILLMENT		TOTAL
REVENUES	$         26,997,784		$                  -		$  26,997,784
OPERATING EXPENSES:
Cost of sales	19,860,230		6		19,860,236
Selling and administrative	4,328,593		9,634		4,338,227
	24,188,823		9,640		24,198,463
INCOME (LOSS) FROM OPERATIONS	2,808,961		(9,640)		2,799,321
OTHER INCOME (EXPENSE):
Interest income	19,215		33,597		52,812
Interest expense	(1,165)		-		(1,165)
	18,050		33,597		51,647
INCOME BEFORE TAXES	2,827,011		23,957		2,850,968
PROVISION FOR INCOME TAXES	1,031,861		8,744		1,040,605
NET INCOME	$           1,795,150		$            15,213		$   1,810,363
NET INCOME PER SHARE:
Basic	$                   0.18		$               0.00		$           0.18
Diluted	$                   0.17		$               0.00		$           0.17