Anthony Clark - Financial Results Highlights for Year Ended March 31, 2009.CALGARY, Alberta -- ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ACKBF.PK) ("Anthony Clark") financial results for the year end March 31, 2009 were as follows: * Revenue increased from $15.3 million to $16.9 million (an increase of 10%). * EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become increased from $1.6 million to $3.2 million (an increase of 98%) * Net earnings of $0.8 million, compared to a net loss of $3.5 million * EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. of $0.09 per share, compared to a loss of $(0.41) per share "We remain focused on the bottom line objective of strengthening our financial position and shareholder value" reports Tony Consalvo, President and C.E.O. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Except for the historical information contained herein, this press release contains statements that constitute forward-looking statements, as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, the Company's ability to close the proposed transaction. Other risks and uncertainties include changes in business conditions and the economy in general, changes in governmental regulations, unforeseen litigation and other risk factors identified in the Company's public filings under "Risk Factors." The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release. On behalf of ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD. "Tony Consalvo" Tony Consalvo, President and C.E.O. |
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