Tatyana Designs, Inc. announced unaudited consolidated earnings results for the year ended December 31, 2012. Net sales increased 41.7% to $10.25 million from $7.24 million for the prior year. Income from operations was $684,000 or 6.6% of net sales compared to $1.0 million for the prior year and reflects the effect of SG&A increase primarily attributable to opening new boutiques.

The company reported an income tax benefit of $107,000 for the year resulting in net income of $719,571 or $0.07 per basic and diluted share against $1,011,000 or $0.10 per basic and diluted share a year ago. On a pro forma basis assuming the company had been taxable for both full years of 2012 and 2011, net income would have been $376,571 or $0.03 per basic and diluted share and $636,608 or $0.06 per basic and diluted share respectively. Income before income tax was $613,000 against $1,011,000 a year ago.