RecycleNet Corporation Financial

RECYCLENET CORPORATION
CONSOLIDATED STATEMENTS OF OPERATION

	For the Year Ended December 31st
	2006	2005
Sales	$ 1,149,865	$ 917,604
Operating Expenses
Selling general and administrative expenses	1,021,291	908,299
Foreign currency exchange gain (loss)	1,680	3,788
Total Operating Expenses	1,022,971	912,087
Income (Loss) From Continuing Operations	126,894	5,517
Discontinued operations
Loss from discontinued operations	(4,494)	(64,130)
Net Income (Loss)	122,400	(58,613)
Basic Income (Loss) Per Common Share From
Continuing Operations	-	-
Discontuined Operations	-	-
Basic Income (Loss) Per Common Share	-	-
Diluted Income (Loss) Per Common Share From	-	-
Continuing Operations	-	-
Discountinued Operations	-	-
Diluted Income (Loss) Per Common Share	-	-
Basic Weighted-Average Common Shares Outstanding	77,108,214	76,508,584
Diluted Weighted-Average Common Shares Outstanding	137,647,473	137,047,843

File No.: 827