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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 |
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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 |
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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 |
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