Blackberry 1998 Annual Report Download - page 22

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20
For the year ended February 28, 1998 1997
Revenue $ 33,158,630 $ 12,070,696
Cost of Sales 21,443,295 5,680,605
Gross Profit 11,715,335 6,390,091
Expenses
Research and development 6,485,366 4,480,045
Administration and marketing 3,993,388 2,548,531
Amortization 2,191,956 566,650
Interest on loans payable 82,249 253,024
12,752,959 7,848,250
Loss Before the Following (1,037,624) (1,458,159)
Investment Income 1,962,852 1,439,049
Income (Loss) Before Income Taxes 925,228 (19,110)
Provision for (Recovery of) Income Taxes
Current 385,263 55,000
Deferred ___ (117,847)
385,263 (62,847)
Net Income $ 539,965 $ 43,737
Net Income Per Share
Basic $ 0.01 $ 0.00
Fully diluted $ 0.01 $ 0.00
See accompanying notes.
Statements of Operations