Credo Petroleum Corporation Income Statement

Quarterly: January 2012 - October 2009 Previous Quarters
Annual

Income	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01	2009-10
Revenue	5.821M	4.961M	4.488M	4.068M	3.25M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	1.222M	1.107M	1.059M	0.967M	0.867M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	4.599M	3.854M	3.429M	3.101M	2.383M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense	0.765M	0.659M	0.82M	0.711M	0.485M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization	1.896M	1.778M	1.26M	1.147M	0.994M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	3.883M	3.544M	3.139M	2.825M	2.346M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	1.938M	1.417M	1.349M	1.243M	0.904M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-0.523M	0.491M	0.98M	-0.917M	-0.679M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	1.415M	1.908M	2.329M	0.326M	0.225M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	0.453M	0.521M	0.622M	0.071M	0.056M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	0.962M	1.387M	1.707M	0.255M	0.169M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	0.962M	1.387M	1.707M	0.255M	0.169M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	0.962M	1.387M	1.707M	0.255M	0.169M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-01	2011-10	2011-07	2011-04	2011-01	2010-10	2010-07	2010-04	2010-01	2009-10
Average Shares to compute diluted EPS	10.08	10.07	10.07	10.09	10.07	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	10.04	10.04	10.04	10.04	10.04	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.10	0.13	0.17	0.03	0.02	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.10	0.13	0.17	0.03	0.02	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro