24 February 2004

iBIZ Technology Corp. Financials

Income Statement

View: Annual Data | Quarterly Data

All numbers in thousands

PERIOD ENDING		31-Oct-03	31-Jul-03	30-Apr-03	31-Jan-03
Total Revenue		203	146	61	75
Cost of Revenue		200	170	57	92

Gross Profit		3	(24)	4	(16)

	Operating Expenses
	Research Development	-	-	-	-
	Selling General and Administrative	903	853	462	441
	Non Recurring	125	-	-	-
	Others	-	-	-	-

	Total Operating Expenses	-	-	-	-


Operating Income or Loss		(1,025)	(877)	(458)	(458)

	Income from Continuing Operations
	Total Other Income/Expenses Net	75	12	1	-
	Earnings Before Interest And Taxes	(950)	(864)	(458)	(458)
	Interest Expense	92	490	230	920
	Income Before Tax	(1,042)	(1,354)	(688)	(1,378)
	Income Tax Expense	0	-	-	-
	Minority Interest	-	-	-	-

	Net Income From Continuing Ops	(1,042)	(1,354)	(688)	(1,378)

	Non-recurring Events
	Discontinued Operations	-	-	-	-
	Extraordinary Items	-	-	-	-
	Effect Of Accounting Changes	-	-	-	-
	Other Items	-	-	-	-


Net Income		(1,042)	(1,354)	(688)	(1,378)
Preferred Stock And Other Adjustments		-	-	-	-

Net Income Applicable To Common Shares		($1,042)	($1,354)	($688)	($1,378)

if you have any questions please email ir@ibizcorp.com