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VIFI On Other Exchanges
Symbol
Exchange
OTC US
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Financial Statements for vie financial group inc (VIFI)

Year over year, Vie Financial Group Inc. has been able to grow revenues from $4.3M USD to $8.9M USD. Most impressively, the company has been able to reduce the percentage of sales devoted to selling, general and administrative costs from 160.74% to 58.65%. This was a driver that led to an improvement in the bottom line from a loss of $12.1M USD to a smaller loss of $10.1M USD.
Currency in
Millions of US Dollars
As of:Mar 31
2001
Restated
Mar 31
2002
Restated
Mar 31
2003
Reclassified
Mar 31
2004
4 Year
Trend
TOTAL REVENUES1.31.92.77.1
Cost of Goods Sold4.75.74.87.5
GROSS PROFIT-3.4-3.8-2.1-0.4
Selling General & Admin Expenses, Total9.16.76.95.2
Interest and Investment Income--0.10.10.0
Merger & Restructuring Charges-------1.4
Gain (Loss) on Sale of Investments---0.5----
Gain (Loss) on Sale of Assets------0.0
Other Unusual Items, Total0.0-0.4-0.7-0.6
Legal Settlements---0.3----
Other Unusual Items0.0-0.1-0.7-0.6
EBT, INCLUDING UNUSUAL ITEMS-15.2-12.4-12.1-10.1
Earnings from Continuing Operations-15.2-12.4-12.1-10.1
EARNINGS FROM DISCOUNTINUED OPERATIONS-5.70.70.00.0
NET INCOME-20.9-11.8-12.1-10.1
NET INCOME TO COMMON INCLUDING EXTRA ITEMS-23.2-13.2-12.1-15.0
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS-17.5-13.9-12.1-15.0
 

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