Here's the Earnings Report (net income up by 97%!!) :
Silent Witness announces year end results
VANCOUVER, Oct. 6 /CNW-PRN/ - Silent Witness Enterprises Ltd. (SWE.TSE & SILW on Nasdaq) is pleased to announce its audited financial results for the fiscal year ending July 31, 1999. Revenues increased by 57% to $34,045,027 (CDN) from the same period last year.
Net Income (after taxes) increased by 97% to $4,378,887 from the same period a year ago. This represents basic EPS of $0.71 or fully diluted EPS of $0.65 for the year.
Financial Highlights for the Fourth Quarter Ending July 31, 1999
----------------------------------------------------------------
Quarter ended July 31, 1999 Year Ago
Revenue $10,505,552 $7,250,743
Net Income $ 1,514,557 $ 920,251
Basic EPS $0.24 $0.17
Fully Diluted EPS $0.24 $0.17
12 months to July 31, 1999 Year Ago
Revenue $34,045,027 $21,689,607
Net Income $ 4,378,887 $ 2,221,907
Basic EPS $0.71 $0.41
Fully Diluted EPS $0.65 $0.37
Silent Witness Enterprises Ltd. is a Surrey, BC based technology company producing innovative surveillance cameras for global markets. Approximately 85% of sales come from established distribution channels in the United States and Western Europe. The Annual Report will be available in early November 1999 both in printed form and on the website. Please contact Linda Taylor if you wish to receive a copy of the printed form. For further information on Silent Witness visit our website at silent-witness.com or call 1-800-877-2407. |
