Capstan Marine Products

Condensed Quarterly Statement of Income for Quarter 3 In Thousands

Jul Aug Sep Total

Sales $ 51.2 $ 53.7 $ 55.6 $ 160.5
Cost of Goods Sold 35.2 44.8 45.7 125.7
Gross Margin 16.0 8.9 9.9 34.8

Advertising Expense 2.1 2.1 2.1 6.3

Wages and Benefits Expense 10.2 9.4 10.6 30.2
Miscellaneous and Overhead Expense 1.3 1.3 1.3 3.9
Total Expenses 13.6 12.8 14.0 40.4

Net Income Before Taxes 2.4 (3.9) (4.1) (5.6)

Net Income After Taxes (22%) 1.9 (3.0) (3.2) (4.4)

Prepared on:
9/8/2023