Cleantech Innovations (OTC BB:EVCP)

Monday, July 19, 2010


Full Year
 
2009
   
2008
 
    $      
% of Sales
    $      
% of Sales
 
Net sales
   
2,730,954
    100    
-
    N/A
Cost of goods sold
   
1,301,400
     
48
%
   
-
     
N/A
%
Gross profit
   
1,429,554
     
52
%
   
-
     
N/A
%
Operating expenses
   
427,260
     
15
%
   
139,381
     
N/A
%
Income from operations
   
1,002,294
     
37
%
   
139,381
     
N/A
%
Other income (expenses), net
   
111,169
     
4
%
   
493,412
     
N/A
%
Income tax expense
   
282,098
     
10
%
   
-
     
N/A
%
Net income
   
831,365
     
31
%
   
354,031
     
N/A
%
 
_____________________________________________________________________________

2010 March Quarter
   
2010
   
2009
 
    $      
% of Sales
    $      
% of Sales
 
Net sales
    232,118     100 %     207,958     100
Cost of goods sold
    112,567       48 %     123,274       59 %
Gross profit
    119,551       52 %     84,684       41 %
Operating expenses
    216,446       94 %     70,623       34 %
Income (loss) from operations
    (96,895 )     (42 ) %     14,061       7 %
Other Income (expenses), net
    230,208       99 %     (31 )     - %
Income tax expense
    38,160       16 %     -       - %
Net income
    95,153       41 %     14,030       7 %


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