SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical
ADMT ADM Tronics Unlimited
An SI Board Since November 1999
Posts SubjectMarks Bans
1 0 0
Emcee:  Israel Type:  Unmoderated
ADM Tronics Unlimited is a manufacturer and engineering concern whose principal lines of business are the production and sale of chemical products and the manufacturing and sale of medical devices. For the three months ended 6/99, revenues rose 4% to $576 thousand. Net income totaled $40 thousand vs. a loss of $87 thousand. Revenues reflect company's increased medical activities and chemical revenues. Earnings reflect increased gross profit margins.

Results of Operations Six Months Ended September 30, 1999

Revenues
Revenues were $1,370,688 in 1999 as compared to $1,001,103 in 1998 representing an increase of $369,585 or 37%. Revenues from the Company's medical elec- tronics activities increased $301,923 and chemical revenues increase $67,662.

Gross Profit
Gross profit of $743,604 in 1999 as compared to $503,686 in 1998 was $239,918, or 48% above the gross profit in 1998. Gross profit was 54% of revenues in 1999 and 50% 1998. The increase in gross profit is due to the mix in product sales with higher sales of products with a higher gross margin.

Operating Income(Loss
Operating loss was ($107,741) in 1999 compared to ($259,459) in 1998. Selling, general and administrative expenses increased by $88,200 due to an increase in payroll for sales personnel.

Other Income
Other income of $27,349 in 1999 increased $7,041 from $20,308 in 1998, primarily due to the collection of rent income from a sub-tenant offset by a decrease in interest income from reduced amounts invested.

recent filings can be found at edgar-online.com
recent PR's canr be found at : quicken.excite.com

CONTACT: ADM Tronics Unlimited, Inc.
Andre' Di Mino, 201/767-6040
Fax: 201/784-0620
E-mail: andre@admtronics.com

Israel
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
 Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):