Infusion Brands International, Inc. (INBI) [Rocket]

In millions, except per share items	Dec-31-11	Dec-31-10	Jun-30-10	Jun-30-09	Jun-30-08
	10-K/A	10-K/A	10-K	10-K	10-K
Revenues:
Consumer Products			17.8
Fashion Goods			4.3
Other			2.8
Total revenues [+]			24.8	9.6	1.0
Licensing					0.5
Products			24.8	9.6	0.4
Revenue growth			159.9%	887.1%
Cost of goods sold [+]			18.5	5.1	0.3
Cost of product sales			17.8
Cost of services			0.7
Gross profit			6.3	4.4	0.7
Gross margin			25.3%	46.2%	70.3%
Selling, general and administrative [+]			9.3	5.6	0.5
Sales and marketing			6.2	5.1	0.3
General and administrative [+]			3.1	0.6	0.2
General and administrative expenses			3.1	0.6	0.2
Equity in earnings			-2.0	-0.1
Other operating expenses			3.5	2.0	1.8
EBITDA [+]			-6.6	-2.9	-1.6
EBITDA growth			126.0%	83.3%
EBITDA margin			-26.8%	-30.8%	-165.7%
Depreciation			2.0	0.6	0.7
EBITA			-8.6	-3.5	-2.3
EBITA margin			-34.8%	-37.1%	-236.1%
Amortization of intangibles			1.8	0.4
EBIT [+]			-10.5	-3.9	-2.3
EBIT growth			167.2%	71.7%
EBIT margin			-42.2%	-41.1%	-236.1%
Non-recurring items [+]			23.0	0.2
Asset impairment			23.0	0.2
Interest expense, net [+]			0.2	0.4	0.2
Interest expense			0.2	0.4	0.2
Interest income					0.0
Other income (expense), net [+]			2.5	1.7	-13.0
Gain (loss) on investments			-3.6	-0.5	-7.8
Other			-0.3	-1.3
Pre-tax income			-31.1	-2.7	-15.4
Income taxes			0.0	0.0	0.0
Tax rate			0.0%	0.0%	0.0%
Minority interest			0.3	0.1
Net income			-31.1	-2.7	-15.4
Net margin			-125.5%	-28.8%	-1591.7%



EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.