$VHUB Income Sheet

Vapor Hub International Inc. (VHUB)

Income Statement

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All numbers in thousands

Period Ending		Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
Total Revenue		1,127	1,372	803	400
Cost of Revenue		670	743	455	193

Gross Profit		457	628	349	207

	Operating Expenses
	Research Development	–	–	–	–
	Selling General and Administrative	647	583	751	233
	Non Recurring	–	–	–	–
	Others	–	–	–	–

	Total Operating Expenses	–	–	–	–


Operating Income or Loss		(190)	45	(403)	(27)

	Income from Continuing Operations
	Total Other Income/Expenses Net	–	–	–	–
	Earnings Before Interest And Taxes	(190)	45	(409)	3
	Interest Expense	–	–	11	–
	Income Before Tax	(190)	45	(420)	3
	Income Tax Expense	–	1	–	7
	Minority Interest	–	–	–	–

	Net Income From Continuing Ops	(190)	44	(420)	(4)

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


Net Income		(190)	44	(420)	(4)
Preferred Stock And Other Adjustments		–	–	–	–

Net Income Applicable To Common Shares		(190)	44	(420)	(4)