Business & Finance
Tue, December 9, 2008Mon, December 8, 2008Sat, December 6, 2008Fri, December 5, 2008Thu, December 4, 2008Anviron Reports Year-to-Date Financial Results up 211% over Budget
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Published in Business and Finance on Monday, December 8th 2008 at 9:49 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
IRVING, Texas--([ BUSINESS WIRE ])--The Anviron Holding Company (Pink Sheets: ANVH) ("Anviron"), a manufacturer and marketer of "Clean & Green" products and technology, today announced financial results for the month ending November 30, 2008 were posted on [ www.pinksheets.com ]. The Company continues to post record revenue with November posting more than $2.61 million in gross sales and year to date numbers posting of $19.75 million in sales and net profit of $403,941 and 7.16 million respectfully, or $0.04579466 per basic share.
| Jul - Oct '08 | |||||||||
| Ordinary Income/Expense | |||||||||
| Total Income | 19,754,064.00 | ||||||||
| Total Cost of Goods Sold | 7,614,780.50 | ||||||||
| Gross Profit | 12,139,283.50 | ||||||||
| Total Expense | 4,985,550.56 | ||||||||
| Net Ordinary Income | 7,153,732.94 | ||||||||
| Interest Income | 4,207.00 | ||||||||
| Net Income | 7,157,939.94 | |||||||
Highlights
- Record 1st Quarter Revenue of $12.6 million, up 20.1% from budget.
- Year-To-Date FYE 2009 Revenue of $7.16M, up 211% from budget.
- Laboratory JV anticipated generating $15 million in annual sales for fiscal 2009.
- Signing of four new contracts for NuSoil sales for FYE 2009.
- NuSoil selected as technology of choice for reclamation of closed Mine operation.
- DustControl and RoadBinder lead product sales in Fiscal-Year 2009.
"Anviron continues to deliver outstanding results, posting in the first 5 months of FYE 2009 revenue representing 83.19% of the total FYE 2008 numbers. Revenue increased 211% over budget for the fiscal year 2009, reflecting the ongoing demand for our products and services," said Anviron COO Steve Young.
Anviron is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about Anviron and its product offerings visit us on the web at [ www.anviron.com ].
This press release contains forward-looking statements regarding Anviron within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed. The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting Anviron. Forward-looking statements speak only as of the date on which they are made and Anviron undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.