QRSM — QRS Music Technologies Income Statement

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Consumer CyclicalsHighly SpeculativeMicro Cap

Annual income statement for QRS Music Technologies, fiscal year end - June 30th, USD millions except per share, conversion factor applied.

	C2002 June 30th	C2003 June 30th	2004 June 30th	2005 June 30th	2006 June 30th
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10KSB	10KSB	10KSB	10KSB	10KSB
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	12	14.9	18.5	20.2	18.1
Cost of Revenue
Gross Profit	3.68	4.9	6.01	6.18	5.86
Selling / General / Administrative Expenses
Research And Development
Total Operating Expenses	10.9	13.5	16.1	18.5	17.7
Operating Profit	1.16	1.45	2.4	1.71	0.4
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1.07	1.42	2.38	1.67	0.368
Provision for Income Taxes
Net Income After Taxes	0.684	0.885	1.46	1.1	0.167
Net Income Before Extraordinary Items
Net Income	0.684	0.885	1.46	1.1	0.167
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	0.556	0.757	1.33	0.969	0.039
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.06	0.081	0.141	0.101	0.004
Dividends per Share