Welcome to the ABATIX CORP Board
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From the 10K filing...
See link below
To Our Fellow Stockholders:
With respect to 2009, we are especially grateful for the loyalty of our customers and the reliability of our suppliers. In addition, we are thankful for the confidence in our Company from our stockholders and the support we receive from the communities in which we operate.
Although we remained profitable in 2009 when compared to 2008, both sales and profitability were negatively impacted by the following items.
There were no significant weather related events in 2009.
The recession in the U.S. economy.
During 2008, there were floods in the Midwest as well as a hurricane that made landfall in South Texas and another hurricane that made landfall in Galveston, Texas. These events provided a major source of revenue for the Company, as we assisted in the clean up and restoration process. During 2009, there were no major events to provide an equal level of revenue.
Number of shares authorized
December 31, 2009 -- 5,000.000
March 31, 2010 -- 5,000,000
Number of shares outstanding
December 31, 2009 --1,811,148
March 31, 2010 -- 1,806,859
ABATIX CORP. Reports Operating Results for First Quarter of 2010
Press Release Source: ABATIX CORP. On Thursday May 6, 2010, 5:05 pm EDT
MESQUITE, Texas, May 6 /PRNewswire-FirstCall/ -- ABATIX CORP. (Pink Sheets:ABIX.pk - News) today announced net sales of $14,279,000 for the first three months of 2010 increased 3.3% from net sales of $13,819,000 in the first three months of 2009 and net earnings of $111,000 or $.06 per share in 2010 increased from a net loss of $61,000 or ($.03) per share in 2009. The 2010 increase in profitability is attributable to decreased expenses.
More information about the Company, including financial information, can be found on the Abatix web site at http://www.abatix.com/.
ABATIX CORP. is a full line distributor of construction supplies, fire and water restoration equipment, safety equipment for the industrial manufacturing industry and environmental equipment and supplies for the remediation industry. The Company currently has nine distribution centers in Dallas and Houston, Texas, in San Diego, San Francisco and Los Angeles, California, in Phoenix, Arizona, in Seattle, Washington, in Las Vegas, Nevada and in Jacksonville, Florida. These distribution centers serve customers throughout the Southeast, Southwest, Midwest, Pacific Coast, Alaska and Hawaii.
Total stockholders' equity
link to latest financial filing...