STEN Corp. Reports 2008 Second-Quarter Revenue of $4.3 Million and Improved Results From ...(ks and uncertainties and actual results ...),Health

Date:5/14/2008

ks and uncertainties, and actual results may differ materially, depending on a variety of factors. These risks are described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no duty or obligation to update any of the forward-looking statements after the date of this release.

STEN CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

For the For the For the For the

thirteen thirteen twenty-six twenty-six

weeks ended weeks ended weeks ended weeks ended

March 30, April 1, March 30, April 1,

2008 2007 2008 2007

REVENUES

Stencor sales $629,289 $363,365 $957,355 $647,448

Vehicle sales,

interest, and other 3,669,527 592,331 5,396,002 952,937

TOTAL REVENUES 4,298,816 955,696 6,353,357 1,600,385

COST AND EXPENSES

Costs of goods sold

related to Stencor 537,174 393,906 923,859 753,608

Expenses related to

STEN Financial

Cost of autos sold 2,003,526 61,907 2,830,724 62,300

Salaries and benefits 441,764 282,978 859,149 456,305

Occupancy and

operation expenses 246,311 177,238 521,982 360,408

Depreciation and

amortization 98,415 95,013 197,574 150,631

Provision for credit

losses 778,123 58,819 1,288,755 92,520

Interest expense 615,582 118,351 1,218,853 125,095

Selling, general and

administrative 374,593 237,315
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SOURCE STEN Corporation Copyright©2008 PR Newswire. All rights reserved

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