Valuation for KTEL - findataslice

	KonaTel, Inc. (KTEL)
	Q4-CY2025	Q3-CY2025	Q2-CY2025	Q1-CY2025	Q4-CY2024	Q3-CY2024	Q2-CY2024	Q1-CY2024	Q4-CY2023	Q3-CY2023	Q2-CY2023	Q1-CY2023	Q4-CY2022	Q3-CY2022	Q2-CY2022	Q1-CY2022	Q4-CY2021	Q3-CY2021	Q2-CY2021	Q1-CY2021	Q4-CY2020	Q3-CY2020	Q2-CY2020	Q1-CY2020	Q4-CY2019	Q3-CY2019	Q2-CY2019	Q1-CY2019	Q4-CY2018	Q3-CY2018	Q2-CY2018	Q1-CY2018	Q4-CY2017	Q3-CY2017	Q2-CY2017	Q1-CY2017	Q4-CY2016	Q3-CY2016	Q2-CY2016	Q1-CY2016	Q4-CY2015	Q3-CY2015	Q2-CY2015	Q1-CY2015	Q4-CY2014	Q3-CY2014	Q2-CY2014	Q1-CY2014	Q4-CY2013
Balance Sheet Date		2025-Sep-30	2025-Jun-30	2025-Mar-31	2024-Dec-31	2024-Sep-30	2024-Jun-30	2024-Mar-31		2023-Dec-31										2021-Mar-31				2020-Mar-31				2019-Mar-31				2018-Mar-31		2017-Sep-30	2017-Jun-30	2017-Mar-31	2016-Dec-31	2016-Sep-30	2016-Jun-30	2016-Mar-31	2015-Dec-31	2015-Sep-30	2015-Jun-30	2015-Mar-31	2014-Dec-31	2014-Sep-30	2014-Jun-30	2014-Mar-31	2013-Dec-31
Fiscal Period		Q3-FY2025	Q2-FY2025	Q1-FY2025	Q4-FY2024	Q3-FY2024	Q2-FY2024	Q1-FY2024		Q4-FY2023										Q2-FY2021				Q2-FY2020				Q2-FY2019				Q2-FY2018		Q4-FY2017	Q3-FY2017	Q2-FY2017	Q1-FY2017	Q4-FY2016	Q3-FY2016	Q2-FY2016	Q1-FY2016	Q4-FY2015	Q3-FY2015	Q2-FY2015	Q1-FY2015	Q4-FY2014	Q3-FY2014	Q2-FY2014	Q1-FY2014
Close Price of Common Stock
Market Cap of Common Stock
QoQ%
YoY%
Common Shares Outstanding	43,979,064	43,941,814	43,541,140	43,526,417	43,503,658	43,472,950	43,472,954	43,333,220		43,145,720	42,670,720	42,483,220	42,240,406				41,615,406			40,692,286	40,692,286	40,692,286	40,692,286	40,692,286	40,692,286	40,692,286	40,692,286	40,692,286	40,692,286	32,942,286	32,942,286	31,942,286	27,192,286	13,692,286	2,926,486	2,926,486		2,926,486	3,956,486	12,524,286	12,524,286	12,500,000	12,524,286	12,524,286	12,500,000	2,500,000	12,500,000	2,500,000	1,115,800
QoQ%	.09%	.92%	.03%	.05%	.07%	.00%	.32%	.44%		1.11%	.44%	.58%								.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	23.53%	.00%	3.13%	17.47%	98.60%	367.88%	.00%	.00%	(100.00%)	(26.03%)	(68.41%)	.00%	.00%	(.19%)	.00%	.19%	400.00%	(80.00%)	400.00%	124.05%	.00%
YoY%	1.09%	1.08%	.16%	.45%	.83%	1.88%	2.33%	2.59%					1.50%				2.27%			.00%	.00%	.00%	.00%	.00%	.00%	23.53%	23.53%	27.39%	49.65%	140.59%	1,025.66%	991.49%	.00%	367.88%	(26.03%)	(76.63%)	(100.00%)	(76.63%)	(68.41%)	.00%	.19%	400.00%	.19%	400.97%	1,020.27%	124.05%	1,020.27%	124.05%	.00%
Price to Sales
Price to Earnings
Price to Book
Total Revenue		2,173,273$	2,158,656$	2,168,714$	2,375,826$	3,148,409$	4,343,179$	5,635,836$			4,601,426$	4,031,719$								2,392,838$		2,527,281$	2,257,193$	1,957,355$		2,346,975$	2,266,368$	2,640,296$		2,453,514$	2,744,349$	2,393,355$		2,674,663$	3,323,566$	3,349,268$	0$	0$	0$	0$	0$	0$	0$	0$	0$		0$	0$	0$
QoQ%		.68%	(.46%)	(8.72%)	(24.54%)	(27.51%)	(22.94%)				14.13%											11.97%	15.32%			3.56%	(14.16%)			(10.60%)	14.67%			(19.52%)	(.77%)	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%			.00%	.00%	.00%
YoY%		(30.97%)	(50.30%)	(61.52%)		(31.58%)	7.73%													22.25%		7.68%	(.41%)	(25.87%)		(4.34%)	(17.42%)	10.32%		(8.27%)	(17.43%)	(28.54%)		.00%	.00%	.00%	.00%	.00%	.00%	.00%	.00%		.00%	.00%	.00%		.00%	.00%	.00%
TTM		8,876,469$	9,851,605$	12,036,128$	15,503,250$																													9,347,497$	6,672,834$	3,349,268$	0$	0$	0$	0$	0$	0$					0$	0$	0$
TTM_QoQ%		(9.90%)	(18.15%)	(22.36%)																														40.08%	99.23%	.00%	.00%	.00%	.00%	.00%	.00%						.00%	.00%	.00%
TTM_YoY%																																		.00%	.00%	.00%	.00%	.00%									.00%	.00%	.00%
Gross Margin		32.63%	25.49%	30.06%	28.53%	22.53%	20.72%	20.01%			16.82%	24.85%								38.08%		35.68%	38.91%	39.09%		35.33%	25.86%	43.06%		22.85%	3.28%	19.16%		17.44%	18.55%	18.77%
QoQ		7.14%	(4.57%)	1.53%	6.00%	1.82%	.71%				(8.03%)											(3.23%)	(.18%)			9.47%	(17.20%)			19.57%	(15.88%)			(1.11%)	(.21%)
YoY		10.09%	4.78%	10.05%		5.71%	(4.14%)													(1.01%)		.36%	13.05%	(3.97%)		12.48%	22.58%	23.89%		5.40%	(15.27%)	.40%
Operating Income		(50,079$)	(1,198,558$)	(929,645$)	(1,250,534$)	(1,187,220$)	(1,254,362$)	(846,955$)			(1,000,298$)	(753,195$)								(230,480$)		(56,423$)	(91,817$)	(189,991$)		(164,396$)	(607,616$)	(287,090$)		(265,309$)	(767,224$)	(515,204$)											(267,061$)	(316,282$)	(499,013$)		(304,089$)	(22,655$)	(4,300$)
QoQ%		95.82%	(28.93%)	25.66%	(5.33%)	5.35%	(48.10%)				(32.81%)											38.55%	51.67%			72.94%	(111.65%)			65.42%	(48.92%)												15.56%	36.62%			(1,242.26%)	(426.86%)	(80.14%)
YoY%		95.78%	4.45%	(9.76%)		(18.69%)	(66.54%)													(21.31%)		65.68%	84.89%	33.82%		38.04%	20.80%	44.28%															12.18%	(1,296.08%)	(11,504.95%)		(12,063.56%)	(885.00%)	16.51%
TTM		(3,428,816$)	(4,565,957$)	(4,621,761$)	(4,539,071$)																																										(333,431$)	(31,842$)	(11,487$)
TTM_QoQ%		24.91%	1.21%	(1.82%)																																											(947.14%)	(177.20%)	6.89%
TTM_YoY%																																															(2,604.23%)	(173.79%)	(2.93%)
Operating Margin		(2.30%)	(55.52%)	(42.87%)	(52.64%)	(37.71%)	(28.88%)	(15.03%)			(21.74%)	(18.68%)								(9.63%)		(2.23%)	(4.07%)	(9.71%)		(7.01%)	(26.81%)	(10.87%)		(10.81%)	(27.96%)	(21.53%)
QoQ		53.22%	(12.66%)	9.77%	(14.93%)	(8.83%)	(13.85%)				(3.06%)											1.84%	5.64%			19.81%	(15.94%)			17.14%	(6.43%)
YoY		35.41%	(26.64%)	(27.84%)		(15.97%)	(10.20%)													.08%		4.77%	22.74%	1.17%		3.81%	1.15%	10.65%
Net Income		(45,094$)	(1,187,641$)	(917,528$)	(1,293,655$)	(1,188,914$)	(1,109,697$)	8,083,084$			(1,222,720$)	(914,697$)								(232,722$)		19,953$	142,049$	100,833$		(175,805$)	(604,849$)	(297,793$)		46,317$	(773,964$)	(528,027$)		(554,166$)	(259,591$)	(423,197$)	(37,415$)	(29,482$)	(21,783$)	(56,146$)	(28,330$)	1,572,967$	(757,935$)	(581,086$)	(246,626$)		(304,089$)	(22,655$)	(7,123$)
QoQ%		96.20%	(29.44%)	29.08%	(8.81%)	(7.14%)	(113.73%)				(33.68%)											(85.95%)	40.88%			70.93%	(103.11%)			105.98%	(46.58%)			(113.48%)	38.66%	(1,031.09%)	(26.91%)	(35.34%)	61.20%	(98.19%)	(101.80%)	307.53%	(30.43%)	(135.61%)			(1,242.26%)	(218.05%)	(40.02%)
YoY%		96.21%	(7.02%)	(111.35%)		2.77%	(21.32%)													(330.80%)		111.35%	123.49%	133.86%		(479.57%)	21.85%	43.60%		108.36%	(198.15%)	(24.77%)		(1,779.68%)	(1,091.71%)	(653.74%)	(32.07%)	(101.87%)	97.13%	90.34%	88.51%		(149.25%)	(2,464.94%)	(3,362.39%)		(5,931.12%)	(382.74%)	3.72%
TTM		(3,443,918$)	(4,587,738$)	(4,509,794$)	4,490,818$																													(1,274,369$)	(749,685$)	(511,877$)	(144,826$)	(135,741$)	1,466,708$	730,556$	205,616$	(12,680$)					(338,954$)	(39,907$)	(21,945$)
TTM_QoQ%		24.93%	(1.73%)	(200.42%)																														(69.99%)	(46.46%)	(253.44%)	(6.69%)	(109.26%)	100.77%	255.30%	1,721.58%						(749.36%)	(81.85%)	1.24%
TTM_YoY%																																		(838.82%)	(151.11%)	(170.07%)	(170.44%)	(970.51%)									(1,464.67%)	(94.17%)	(11.35%)
Profit Margin		(2.08%)	(55.02%)	(42.31%)	(54.45%)	(37.76%)	(25.55%)	143.42%			(26.57%)	(22.69%)								(9.73%)		.79%	6.29%	5.15%		(7.49%)	(26.69%)	(11.28%)		1.89%	(28.20%)	(22.06%)		(20.72%)	(7.81%)	(12.64%)
QoQ		52.94%	(12.71%)	12.14%	(16.69%)	(12.21%)	(168.97%)				(3.89%)											(5.50%)	1.14%			19.20%	(15.41%)			30.09%	(6.14%)			(12.91%)	4.83%
YoY		35.69%	(29.47%)	(185.73%)		(11.19%)	(2.86%)													(14.88%)		8.28%	32.98%	16.43%		(9.38%)	1.51%	10.78%		22.61%	(20.39%)	(9.43%)
Equity to Common Shareholders		423,190$	891,475$	1,833,207$	2,511,398$	3,560,004$	4,447,978$	5,334,998$		(3,013,405$)	(1,316,984$)	(275,485$)	455,363$				2,607,335$			1,331,457$	1,532,835$	1,507,221$	1,477,011$	1,324,705$	1,523,744$	1,912,454$	2,201,196$	2,672,986$	2,730,315$	(111,823$)	(320,123$)	96,302$	(460,648$)	127,453$	(1,536,046$)	(1,495,961$)	328,618$	(1,403,046$)	(1,375,823$)	(1,135,898$)	422,672$	(1,040,443$)	(2,659,541$)	(1,904,492$)	(1,326,293$)	(1,101,563$)	1,277,466$	0$	(117,187$)
QoQ		(468,285$)	(941,732$)	(678,191$)	(1,048,606$)	(887,974$)	(887,020$)	8,348,403$		(1,696,421$)	(1,041,499$)	(730,848$)								(201,378$)	25,614$	30,210$	152,306$	(199,039$)	(388,710$)	(288,742$)	(471,790$)	(57,329$)	2,842,138$	208,300$	(416,425$)	556,950$	(588,101$)	1,663,499$	(40,085$)	(1,824,579$)	1,731,664$	(27,223$)	(239,925$)	(1,558,570$)	1,463,115$	1,619,098$	(755,049$)	(578,199$)	(224,730$)	(2,379,029$)	1,277,466$	117,187$	(7,123$)
QoQ%		(52.53%)	(51.37%)	(27.01%)	(29.46%)	(19.96%)	(16.63%)	277.04%		(128.81%)	(378.06%)	(160.50%)								(13.14%)	1.70%	2.05%	11.50%	(13.06%)	(20.33%)	(13.12%)	(17.65%)	(2.10%)	2,541.64%	65.07%	(432.42%)	120.91%	(461.43%)	108.30%	(2.68%)	(555.23%)	123.42%	(1.98%)	(21.12%)	(368.74%)	140.62%	60.88%	(39.65%)	(43.60%)	(20.40%)	(186.23%)	.00%	100.00%	(6.47%)
YoY		(3,136,814$)	(3,556,503$)	(3,501,791$)	5,524,803$	4,876,988$	4,723,463$	4,879,635$					(2,151,972$)				1,074,500$			6,752$	9,091$	(405,233$)	(724,185$)	(1,348,281$)	(1,206,570$)	2,024,277$	2,521,319$	2,576,684$	3,190,963$	(239,276$)	1,215,923$	1,592,263$	(789,266$)	1,530,499$	(160,223$)	(360,063$)	(94,054$)	(362,603$)	1,283,718$	768,594$	1,748,965$	61,120$	(3,937,007$)	(1,904,492$)	(1,209,106$)	(991,499$)	1,382,443$	99,935$	(21,945$)
YoY%		(88.11%)	(79.96%)	(65.64%)	183.34%	370.32%	1,714.60%	1,071.59%					(82.54%)				70.10%			.51%	.60%	(21.19%)	(32.90%)	(50.44%)	(44.19%)	1,810.25%	787.61%	2,675.63%	692.71%	(187.74%)	79.16%	106.44%	(240.18%)	109.08%	(11.65%)	(31.70%)	(22.25%)	(34.85%)	48.27%	40.36%	131.87%	5.55%	(308.19%)	.00%	(1,031.78%)	(900.84%)	1,316.90%	100.00%	(23.04%)
Dividends Paid																								256,012$
Additional Paid-In Capital QoQ		(423,592$)	244,662$	239,314$	245,034$	300,924$	222,536$	265,133$												31,344$	49,832$	10,257$	10,257$	10,257$	78,371$	(112,937$)	133,061$	239,838$	2,739,979$	161,983$	356,473$	1,080,228$	(529,502$)	1,719,146$	(19,543$)	(266,379$)	227,291$	3,289$	(209,575$)	(13,865$)	2,886$	33,261$	33,261$	33,261$	51,993$	32,781$	(1,223,427$)	12,458$	0$
Treasury Stock
QoQ
Goodwill																																	80,867$
QoQ%
YoY%
Other Intangible Assets		560,830$	580,967$	610,813$	643,017$	674,708$	705,894$	323,468$		1,077,579$			1,187,937$							1,473,001$	1,517,163$	1,637,168$	1,837,751$	2,038,336$	2,317,502$	2,508,089$	2,663,658$	2,923,644$	2,490,922$	33,569$	83,922$	134,276$	184,628$				516,958$
QoQ		(20,137$)	(29,846$)	(32,204$)	(31,691$)	(31,186$)	382,426$	(754,111$)												(44,162$)	(120,005$)	(200,583$)	(200,585$)	(279,166$)	(190,587$)	(155,569$)	(259,986$)	432,722$	2,457,353$	(50,353$)	(50,354$)	(50,352$)
Amortization of Intangible Assets		0$	0$	0$	0$	0$	0$	0$			0$	0$								200,583$		200,583$	200,583$	200,583$		225,760$	225,759$	225,760$		20,903$	54,365$	75,791$				18,933$
Total Assets		3,105,782$	4,024,354$	4,587,018$	5,314,562$	7,109,890$	7,993,465$	8,547,987$		4,809,684$			5,451,850$							2,787,953$	2,939,140$	3,045,992$	3,332,474$	3,024,554$	3,203,292$	3,801,159$	4,066,651$	4,565,436$	4,408,409$	1,765,200$	1,768,009$	1,759,721$	1,356,218$	171,000$	215,700$	176,610$	1,995,550$	178,222$	201,222$	658,633$	640,761$	646,387$	2,112,149$	2,281,668$	2,637,887$	3,116,857$	3,429,999$	6,755$	0$
QoQ		(918,572$)	(562,664$)	(727,544$)	(1,795,328$)	(883,575$)	(554,522$)	3,738,303$												(151,187$)	(106,852$)	(286,482$)	307,920$	(178,738$)	(597,867$)	(265,492$)	(498,785$)	157,027$	2,643,209$	(2,809$)	8,288$	403,503$	1,185,218$	(44,700$)	39,090$	(1,818,940$)	1,817,328$	(23,000$)	(457,411$)	17,872$	(5,626$)	(1,465,762$)	(169,519$)	(356,219$)	(478,970$)	(313,142$)	3,423,244$	6,755$	0$
YoY		(4,004,108$)	(3,969,111$)	(3,960,969$)	504,878$			3,096,137$												(236,601$)	(264,152$)	(755,167$)	(734,177$)	(1,540,882$)	(1,205,117$)	2,035,959$	2,298,642$	2,805,715$	3,052,191$	1,594,200$	1,552,309$	1,583,111$	(639,332$)	(7,222$)	14,478$	(482,023$)	1,354,789$	(468,165$)	(1,910,927$)	(1,623,035$)	(1,997,126$)	(2,470,470$)	(1,317,850$)	2,274,913$	2,637,887$	3,116,857$	3,429,999$	6,755$	0$
Total Liabilities		2,682,592$	3,134,112$	2,753,811$	2,803,164$	3,549,886$	3,545,487$	3,212,988$		7,823,089$			4,996,487$							1,456,496$	1,406,305$	1,538,771$	1,855,463$	1,699,849$	1,679,548$	1,888,704$	1,865,453$	1,893,076$	1,678,094$	1,877,023$	2,088,132$	1,663,418$	1,816,866$	43,547$	448,821$	369,645$	1,666,932$	278,343$	274,120$	491,606$	403,723$	383,905$	3,468,765$	2,883,235$	2,661,255$	2,904,464$	838,577$	117,776$	117,187$
QoQ		(451,520$)	380,301$	(49,353$)	(746,722$)	4,399$	332,499$	(4,610,101$)												50,191$	(132,466$)	(316,692$)	155,614$	20,301$	(209,156$)	23,251$	(27,623$)	214,982$	(198,929$)	(211,109$)	424,714$	(153,448$)	1,773,319$	(405,274$)	79,176$	(1,297,287$)	1,388,589$	4,223$	(217,486$)	87,883$	19,818$	(3,084,860$)	585,530$	221,980$	(243,209$)	2,065,887$	720,801$	589$	7,123$
YoY		(867,294$)	(411,375$)	(459,177$)	(5,019,925$)			(1,783,499$)												(243,353$)	(273,243$)	(349,933$)	(9,990$)	(193,227$)	1,454$	11,681$	(222,679$)	229,658$	(138,772$)	1,833,476$	1,639,311$	1,293,773$	149,934$	(234,796$)	174,701$	(121,961$)	1,263,209$	(105,562$)	(3,194,645$)	(2,391,629$)	(2,257,532$)	(2,520,559$)	2,630,188$	2,765,459$	2,544,068$	2,794,400$	733,600$	17,841$	21,945$
Current Ratio		.93x	.85x	1.19x	1.39x	1.92x	2.20x	2.65x		.48x			.92x							.94x	.94x	.89x	.76x	.36x	.36x	.46x	.52x	.63x	.70x	.68x	.74x	.95x	.54x	-	.11x	.02x	.75x	.03x	.04x	.10x	.08x	.12x	.28x	1.23x	3.33x	14.37x	73.71x	.06x	-
Total Current Assets		2,309,946$	2,505,496$	3,037,532$	3,582,089$	6,343,803$	7,193,743$	7,715,123$		3,633,378$			4,153,494$							1,076,054$	1,170,341$	1,080,196$	1,128,253$	573,364$	575,361$	865,034$	953,991$	1,162,493$	1,166,889$	1,281,656$	1,544,158$	1,479,314$	987,708$	0$	44,700$	5,610$	1,245,911$	7,222$	11,222$	50,633$	32,761$	38,387$	81,416$	236,015$	641,806$	1,217,910$	1,531,052$	6,755$	0$
QoQ		(195,550$)	(532,036$)	(544,557$)	(2,761,714$)	(849,940$)	(521,380$)	4,081,745$												(94,287$)	90,145$	(48,057$)	554,889$	(1,997$)	(289,673$)	(88,957$)	(208,502$)	(4,396$)	(114,767$)	(262,502$)	64,844$	491,606$	987,708$	(44,700$)	39,090$	(1,240,301$)	1,238,689$	(4,000$)	(39,411$)	17,872$	(5,626$)	(43,029$)	(154,599$)	(405,791$)	(576,104$)	(313,142$)	1,524,297$	6,755$	0$
Total Current Liabilities		2,496,479$	2,938,113$	2,547,415$	2,575,388$	3,301,060$	3,271,030$	2,915,834$		7,492,578$			4,538,260$							1,141,504$	1,240,906$	1,209,229$	1,492,470$	1,606,801$	1,616,003$	1,860,496$	1,837,245$	1,859,301$	1,667,394$	1,877,023$	2,088,197$	1,563,418$	1,816,866$	43,547$	398,821$	369,645$	1,666,932$	278,343$	274,120$	491,606$	403,723$	329,665$	287,728$	192,460$	192,761$	84,725$	20,770$	117,776$	117,187$
QoQ		(441,634$)	390,698$	(27,973$)	(725,672$)	30,030$	355,196$	(4,576,744$)												(99,402$)	31,677$	(283,241$)	(114,331$)	(9,202$)	(244,493$)	23,251$	(22,056$)	191,907$	(209,629$)	(211,174$)	524,779$	(253,448$)	1,773,319$	(355,274$)	29,176$	(1,297,287$)	1,388,589$	4,223$	(217,486$)	87,883$	74,058$	41,937$	95,268$	(301$)	108,036$	63,955$	(97,006$)	589$	7,123$
Debt to Asset Ratio		.86x	.78x	.60x	.53x	.50x	.44x	.38x		1.63x			.92x							.52x	.48x	.51x	.56x	.56x	.52x	.50x	.46x	.41x	.38x	1.06x	1.18x	.95x	1.34x	.25x	2.08x	2.09x	.84x	1.56x	1.36x	.75x	.63x	.59x	1.64x	1.26x	1.01x	.93x	.24x	17.44x
Long Term Debt
QoQ
YoY
Capital Lease Obligations		248,826$	274,456$	308,330$	341,516$	374,190$	406,244$	427,300$		458,227$										263,493$																	151,471$
Cash and Cash Equivalents		1,182,429$	1,491,346$	2,098,383$	1,679,345$	2,688,303$	3,681,162$	3,884,897$		777,103$			2,055,634$							569,336$	715,195$	588,213$	637,059$	227,269$	191,474$	139,637$	201,292$	219,709$	56,510$	63,008$	147,190$	362,916$	94,150$	188,238$	442,673$	14,357$	116,838$	7,222$	10,722$	41,768$	27,809$	2,874$	31,685$	225,707$	610,446$	1,182,024$	1,531,052$	0$
QoQ		(308,917$)	(607,037$)	419,038$	(1,008,958$)	(992,859$)	(203,735$)	3,107,794$												(145,859$)	126,982$	(48,846$)	409,790$	35,795$	51,837$	(61,655$)	(18,417$)	163,199$	(6,498$)	(84,182$)	(215,726$)	268,766$	(94,088$)	(254,435$)	428,316$	(102,481$)	109,616$	(3,500$)	(31,046$)	13,959$	24,935$	(28,811$)	(194,022$)	(384,739$)	(571,578$)	(349,028$)	1,531,052$
YoY		(1,505,874$)	(2,189,816$)	(1,786,514$)	902,242$			1,829,263$												342,067$	523,721$	448,576$	435,767$	7,560$	134,964$	76,629$	54,102$	(143,207$)	(37,640$)	(125,230$)	(295,483$)	348,559$	(22,688$)	181,016$	431,951$	(27,411$)	89,029$	4,348$	(20,963$)	(183,939$)	(582,637$)	(1,179,150$)	(1,499,367$)	225,707$
Interest Expenses						407$	0$	104,329$			179,630$	161,502$								2,242$		4,694$	8,214$	10,549$		11,631$	12,733$	11,379$		7,087$	6,760$	17,104$		4,620$	5,379$	12,574$	4,765$	4,453$	4,966$	4,260$	5,632$	376$	610$	0$	0$		0$
Interest Income																								1$		221$	664$	676$		456$	20$