TANKE BIOSCIENCES CORP

TNBI ·Consumer Defensive, Packaged Foods, China
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2012 FY2011 FY2010
Revenue $28.6M $23.8M $20.1M
Cost of Revenue $18.6M $15.1M $12.7M
Gross Profit $9.9M $8.8M $7.4M
Gross Margin 34.8% 36.8% 36.8%
Operating Expenses
Research & Development $290.7K $246.0K
SG&A Expense $2.6M $4.5M $834.8K
Operating Income $4.5M $1.7M $4.4M
Operating Margin 15.9% 7.3% 21.8%
Interest Expense $1.4M $1.4M $100.3K
Pretax Income $602.6K $-2.5M $4.3M
Income Tax Expense $831.6K $681.3K $582.5K
Net Income $-210.2K $-3.1M $2.7M
Net Margin -0.7% -13.2% 13.6%
EPS (Basic) $-0.02 $-0.24 $0.34
EPS (Diluted) $-0.02 $-0.24 $0.34
Shares Outstanding (Basic) 13.3M 13.1M 10.8M
Shares Outstanding (Diluted) 13.3M 13.1M 10.8M
Dividends Per Share