Britannia Bulk Holdings, Inc. (BBLKF)

Britannia Bulk Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004	Dec 31, 2003
Revenue	567.89	191.5	184.59	42.13	-
Revenue Growth (YoY)	196.54%	3.75%	338.18%	-	-
Cost of Revenue	437.89	160.43	157.42	31.02	-
Gross Profit	130	31.07	27.16	11.11	-
Selling, General & Admin	39.39	13.73	8.06	2.03	0
Other Operating Expenses	1.25	-	-	-	-
Operating Expenses	63.14	18.24	17.4	3.14	0
Operating Income	66.86	12.83	9.76	7.96	-0
Interest Expense	-23.3	-5.12	-1.35	-0.27	-
Interest & Investment Income	4.1	1.1	0.27	0.02	-
Currency Exchange Gain (Loss)	-0.06	0.2	-0.12	-0.09	-
EBT Excluding Unusual Items	47.61	9.01	8.56	7.63	-0
Asset Writedown	-0.06	-6.38	-	-	-
Pretax Income	47.55	2.63	8.56	7.63	-0
Income Tax Expense	1.5	0.16	0.28	0.05	-
Earnings From Continuing Operations	46.05	2.47	8.28	7.58	-0
Minority Interest in Earnings	-0.03	-0.07	-0.03	-	-
Net Income	46.02	2.39	8.25	7.58	-0
Net Income to Common	46.02	2.39	8.25	7.58	-0
Net Income Growth	1822.18%	-70.97%	8.83%	-	-
Shares Outstanding (Basic)	19	20	13	0	-
Shares Outstanding (Diluted)	19	20	13	0	-
Shares Change (YoY)	-1.84%	52.40%	2646.23%	-	-
EPS (Basic)	2.38	0.12	0.64	16.07	-
EPS (Diluted)	2.38	0.12	0.64	16.07	-
EPS Growth	1858.19%	-80.95%	-96.04%	-	-
Free Cash Flow	-28.25	-129.29	-13.34	-21.97	-
Free Cash Flow Per Share	-1.46	-6.55	-1.03	-46.59	-
Gross Margin	22.89%	16.22%	14.72%	26.37%	-
Operating Margin	11.77%	6.70%	5.29%	18.91%	-
Profit Margin	8.10%	1.25%	4.47%	17.99%	-
Free Cash Flow Margin	-4.97%	-67.51%	-7.23%	-52.14%	-
EBITDA	89.37	17.34	19.1	9.08	-
EBITDA Margin	15.74%	9.06%	10.35%	21.55%	-
D&A For EBITDA	22.51	4.51	9.34	1.11	-
EBIT	66.86	12.83	9.76	7.96	-0
EBIT Margin	11.77%	6.70%	5.29%	18.91%	-
Effective Tax Rate	3.16%	6.09%	3.32%	0.64%	-
Revenue as Reported	566.64	191.5	184.59	42.13	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.