FIND .09.Another profitable Q,and Revenues up.
Findex.com, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended March 31 2005 2004
Revenues, net of reserves and allowances $ 1,672,504 $ 1,537,264
Cost of sales 493,506 465,110
Gross profit 1,178,998 1,072,154
Operating expenses:
Sales and marketing 437,816 217,016
General and administrative 636,711 555,678
Other operating expenses 20,544 12,075
Total operating expenses 1,095,071 784,769
Earnings from operations 83,927 287,385
Other expenses, net (3,856 ) (14,330 )
Income before income taxes 80,071 273,055
Provision for income taxes 81,532 (800 )
Net income 161,603 272,255