NeoMedia Technologies, Inc (NEOM)

[ASTOCKCOLLAPSE N0W]

As of the fiscal year ending in 2006...

The combined business of NEOM and Gavitec, NEOM's "core business" which excludes all other assets, lost $200,000 on a gross basis (before operating and other costs).

Stated as simply as possible, every time NEOM+GAV sold $1.00 it cost the combined companies $1.13 before accounting for stuff like sales, general and administrative costs, interests costs, etc.

So to answer your question - no, as of 2006 NEOM has not made money. In fact the company has yet to execute on a business model where the cost of goods/services sold is less than the value received for said goods/services.

What does that mean??? Probably a big bonus for NEOM executives in 2007!!!