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    Magellan Petroleum Corporation (MPET)

    -NasdaqCM
    0.79 Down 0.03(3.66%) 4:00PM EST
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    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingJun 30, 2014Jun 30, 2013Jun 30, 2012
    Total Revenue 7,601   6,131   13,712  
    Cost of Revenue6,257  4,851  12,897  
    Gross Profit 1,344   1,280   815  
    Operating Expenses
    Research Development -   -   -  
    Selling General and Administrative9,085  9,645  13,091  
    Non Recurring3,484  8,797  6,619  
    Others1,123  1,121  1,744  
    Total Operating Expenses -   -   -  
    Operating Income or Loss (12,348) (18,283) 19,774  
    Income from Continuing Operations
    Total Other Income/Expenses Net2,549  1,156  41,171  
    Earnings Before Interest And Taxes(10,042)(16,829)20,532  
    Interest Expense -   -   -  
    Income Before Tax(10,042)(16,829)20,532  
    Income Tax Expense -   -  (5,951)
    Minority Interest -   -  15  
    Net Income From Continuing Ops(10,042)(16,829)26,498  
    Non-recurring Events
    Discontinued Operations25,551  (2,938) -  
    Extraordinary Items -   -   -  
    Effect Of Accounting Changes -   -   -  
    Other Items -   -   -  
    Net Income 15,509   (19,767) 26,498  
    Preferred Stock And Other Adjustments(1,696)(722) -  
    Net Income Applicable To Common Shares 13,813   (20,489) 26,498  

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    Currency in USD.