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Information


The table below presents selected annual information regarding operating results and cash flow for the past three fiscal years ended September 30, as well as the financial position as of such dates.

      Thousands of dollars except per share amounts

2005
(Restated for comparison purposes)
2006
(Restated; see note 2 to consolidated financial statements)
2007

Revenue

29,684 40,756 45,253

EBITDA (see below)

10,738 15,707 18,102

Net earnings

3,313 5,648 7,505

EBIDTA per share

1.44 1.75 2.05

Earnings per share

0.45 0,63 0.85

Reconciliation of EBITDA
and net earnings

     

Net earnings

3,313 5,648 7.505

Interest on indebtedness

430 541 330

Other interest (revenue)

(46) (100) (166)

Income tax

1,881 3,492 3,976
Amortization of fixed assets 948 1,077 1,066
  Amortization of intangible assets and other long-term assets 4,212 5,013 5,256
  Loss on disposition of fixed assets 36 135
EBITDA 10,738 15,707 18,102
Return on average shareholders' equity 14% 19% 20%
Internally generated funds 11,502 19,344 12,293
- per common shares 1.55 2.16 1.39
  Investment in technology,
net of tax credits
1,717 1,988 1,977

Cash and cash equivalents

3,192 3,098 6,974

Total assets

72,931 72,360 77,080

Total indebtedness

12,345 9 6,344
Indebtedness, net of cash and cash equivalents 9,153 (3,089) (630)

Shareholders' Equity

33,303 36,662 37,024

- per common share (as of Sept. 30)

3.78 4.10 4.24

Working capital

(7,830) (10,835) (7,517)
Working capital ratio 0.60 0,51 0.67
Total debt/EBITDA 1.15 not meaningful 0.35
  Debt-equity ratio
(total debt / shareholders' equity)
0.37 : 1 not meaningful 0.17 : 1
  Common shares outstanding
(weighted average, basic)
7,435,006 8,976,322 8,843,608

Common shares outstanding
(
as of September 30)

8,806,324 8,931,724 8,726,124