Southern Its International, Inc. income statement SITS

Annual Quarterly

In Q3 of fiscal 2016, the quarter ended Sep 30, 2016, Southern Its International, Inc. reported revenue of $8,150, down 98.8% from the same quarter a year earlier. It recorded a net loss of $97,964. The operating loss came to $97,964, an operating margin of -1202.0%.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Sep 30, 2016	Q3 FY2016 Sep 30, 2016	Q2 FY2016 Jun 30, 2016	Q1 FY2016 Mar 31, 2016	Q4 FY2015 Dec 31, 2015	Q3 FY2015 Sep 30, 2015	Q2 FY2015 YTD Jun 30, 2015
Revenue	1	0 -98.8%	0 +55.0%	0	1	1	0
Cost of revenue	1	0 -100.0%	0 -2.5%	0	1	0	0
Gross profit	0	0 -96.5%	0 +88.2%	0	-0	0	0
Selling, general and administrative	0	0 -35.4%	0 -41.7%	0	0	0	0
Operating income	-0	-0 -187.6%	-0 +90.1%	0	-0	0	-0
Interest expense	0	0 -100.0%	0 -40.9%	0	0	0	0
Other non-operating income (expense)	—	0	-0	-0	—	—	—
Pretax income	-1	-0 -194.1%	-0 +79.5%	0	-1	0	-0
Income tax	0	0	0	0	0	0	0
Net income	-1	-0 -194.1%	-0 +22.6%	0	-1	0	-0
Weighted average shares, diluted	—	—	—	—	—	—	19
Other measures
Depreciation and amortization	—	0 +0.5%	0 -49.9%	0	—	0	0
EBITDA	—	-0 -187.2%	-0 +90.3%	0	—	0	-0
Interest coverage	-6.75x	—	-0.61x	24.16x	-36.94x	14.48x	-3.63x
Margins
Gross margin	6.64%	97.42%	76.96%	78.39%	-37.71%	34.00%	63.36%
Operating margin	-19.98%	-1,202.01%	-11.61%	59.80%	-44.84%	16.59%	-182.38%
Pretax margin	-87.65%	-1,202.01%	-30.78%	57.32%	-150.72%	15.44%	-232.63%
Profit margin	-87.65%	-1,202.01%	-30.78%	57.32%	-150.72%	15.44%	-61.65%
EBITDA margin	—	-1,199.46%	-11.36%	59.86%	—	16.62%	-181.59%
Effective tax rate	—	—	—	0.00%	—	0.00%	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Services-Prepackaged Software (SIC 7372)
Listed as: SITS (OTC)
Fiscal year ends: December 31
Incorporated in: NV
Headquarters: Palm Desert, CA
SEC filer status: Non-accelerated filer, Smaller reporting company, Emerging growth company
SEC CIK: 1468978
Former names: ALCO ADVANCED TECHNOLOGIES INC (until Jul 24, 2009)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.