Omni-Lite Industries reports audited 2011 results
CERRITOS, CA April 19, 2012 December 31, 2011 $6,514,083 $6,642,150 $1,930,431 $1,968,460 $2,004,124 $2,043,605 $0.15 February 2011
Cerritos David F. Grant
Financial Highlights
Revenue: December 31, 2011 $6,514,083 $6,642,150
December 31, 2010.
Sales by division are summarized below:
Division/ Segments | Military | Aerospace | Sport & R ecre ation | Automotive | Commercial | |||||
2011 | 24% | 28% | 22% | 25% | 1% | |||||
2010 | 51% | 16% | 16% | 16% | 1% |
Net In come: $1,958,656 $1,997,163 $1,820,072 December 31, 2011 $1,256,357
Earnings per share: $0.15 $0.15 $0.18 $0.18
SUMMARY OF FINANCIAL HIGHLIGHTS (US $)
All figures in US dollars unless noted.
Basic Weighted Average Shares Issued And Outstanding: |
For the year ended December 31, 2011 |
For the year ended December 31, 2010 |
% Increase (Decrease) |
Revenue |
$6,514,083 | $7,120,813 | (9%) |
(1) | 1,930,431 | 3,178,799 | (39%) |
Net Income | 1,958,656 | 1,820,072 | 8% |
EPS (US) | 0.15 | 0.18 | (14%) |
EPS (CDN) | 0.15 | 0.18 | (14%) |
$1.0197 $1.0002
(1)
Quarterly Information
The following table summarizes the Company’s financial performance over the last eight quarters. All figures in US dollars unless noted.
ALL FIGURES IN US DOLLARS UNLESS NOTED
(2) | ||||||||
$1,098,466 $1,120,062 $996,036 $1,015,618 $231,268
Borg Warner
Except for historical information contained herein this document contains forward-looking statements. These statements contain known and unknown risks and uncertainties that may cause the Company’s actual results or outcomes to be materially different from those anticipated and discussed herein.
THE TSX-VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE INFORMATION CONTAINED HEREIN.
SOURCE Omni-Lite Industries Canada Inc.
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