|
|
 |
Financial Highlights
|
Statements of Operations Data
|
FY2009
|
FY2008 |
FY2007
|
FY2006
|
FY2005
|
|
Period Ended |
3/31/09
|
3/31/08
|
3/31/07
|
3/31/06
|
3/31/05
|
|
|
(000's except per share amount & %) |
|
Revenue |
$ |
19,862 |
|
$ |
14,561 |
|
$ |
12,910 |
|
$ |
5,819 |
|
$ |
9,751 |
|
|
Gross Profit (Loss) |
$ |
5,548 |
|
$ |
2,854 |
|
$ |
3,641 |
|
$ |
(594) |
|
$ |
861 |
|
|
Operating Income (Loss) (1) |
$ |
1,308 |
|
$ |
(1,111) |
|
$ |
242 |
|
$ |
(3,786) |
|
$ |
(8,412) |
|
|
Net Income (Loss) (1) |
$ |
1,151 |
|
$ |
(1,174) |
|
$ |
193 |
|
$ |
(3,501) |
|
$ |
(8,369) |
|
|
Effective tax rate |
|
- |
|
|
- |
|
|
- |
|
|
4.9% |
|
|
- |
|
|
Basic earnings (loss) per share (1) |
$ |
0.08 |
|
$ |
(0.08) |
|
$ |
0.01 |
|
$ |
(0.24) |
|
$ |
(0.58) |
|
|
Diluted earnings (loss) per share(1) |
$ |
0.08 |
|
$ |
(0.08) |
|
$ |
0.01 |
|
$ |
(0.24) |
|
$ |
(0.58) |
|
(1) Fiscal 2005 includes a $6.3 million, or $0.44 per basic and diluted share, non-cash charge for the impairment of property, plant and equipment.
|
Balance Sheets Data
(000's) |
|
|
3/31/09
|
|
|
3/31/08 |
|
|
3/31/07 |
|
|
3/31/06 |
|
|
3/31/05 |
|
|
|
|
|
Current assets |
|
$ |
8,622 |
|
$ |
8,200 |
|
$ |
7,586 |
|
$ |
6,450 |
|
$ |
9,031 |
|
|
Property & equipment, at cost, net |
|
|
4,385 |
|
|
3,911 |
|
|
3,746 |
|
|
4,044 |
|
|
4,500 |
|
|
Total assets |
|
$ |
13,007 |
|
$ |
12,111 |
|
$ |
11,332 |
|
$ |
10,494 |
|
$ |
13,531 |
|
|
|
|
|
Current liabilities |
|
$ |
2,687 |
|
$ |
3,752 |
|
$ |
2,001 |
|
$ |
1,406 |
|
$ |
856 |
|
|
Deferred income taxes |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
Long term Debt, net of current portion |
|
|
715 |
|
|
- |
|
|
- |
|
|
- |
|
|
26 |
|
|
Other long term liabilities |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
87 |
|
|
Shareholders' equity |
|
|
9,605 |
|
|
8,359 |
|
|
9,331 |
|
|
9,088 |
|
|
12,562 |
|
|
Total liabilities & shareholders' equity |
|
$ |
13,007 |
|
$ |
12,111 |
|
$ |
11,332 |
|
$ |
10,494 |
|
$ |
13,531 |
|
|
Other Information
As of 3/31/09
|
|
Working capital |
$ |
5.9 million |
|
|
Current ratio |
|
3.2 |
|
|
Long term debt, net of current portion |
$ |
715,000 |
|
|
Revenue per employee* |
$ |
278,000 |
|
|
Owned by officers & directors |
|
16.3% ** |
|
|
52-Week Range |
$ |
1.20 - $0.40 |
|
|
Share Price |
$ |
0.55 |
|
|
Market capitalization |
$ |
8.1 million |
|
|
Book Value per Share |
$ |
0.66 |
|
* Based on trailing 12 months.
** From June 2009 Proxy Statement
This Synthetech profile may include "forward-looking" information (as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Investors are cautioned that forward-looking statements involve risks and uncertainties, and various factors could cause actual results to differ materially from those in the forward-looking statements. Investors are directed to the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2008 which are available from the Company without charge or on the Company's or SEC's web site, for a description of the risks and uncertainties related to forward-looking statements made by the Company as well as to other aspects of the Company's business.
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Profile
