NewMarket Technology (OTCBB:NMKT) NMKT First Quarter Results will be filed on or before May 15 Management Forecasts Qtr to Qtr Growth for First Quarter 2006 Operational results of recently acquired UniOne in Brazil with 2005 revenue of $14 million to be consolidated for the first time in NewMarket's financial results for First Quarter 2006
Fourth Quarter 2005 Results Showed Record Quarter In Both Revenues and Net Income
NMKT Management Forecasts Record Quarter in Latin America
Management To Increase Revenue Growth Forecast After First Quarter Results
2005 Annual Report Revenue for 2005 increased 101% from 2004 ($50.1m v. $24.98m) Gross profit for 2005 increased 61% from 2004 ($18.6m v. $11.5m) Net income before currency translation for 2005 increased 1,788% from 2004 ($2.97m v. $154k) Earnings per share-basic for 2005 was $.028 v .007 for 2004 (300% increase) Earning per share-diluted for 2005 was $.015 v $.004 for 2004 (275% increase) Working capital increased 180% from year-end 2004 ($6.1m v. $2.2m) Stockholder's equity increased 96% from year-end 2004 ($32.8m v. $16.7m) Cash flow from operations for 2005 increased 509% from 2004 ($1.6m v $268k)
Over the next twelve months, the Company expects to declare dividends to shareholders in the form of stock in the spinoffs of the System Integration, VoIP, and NewMarket China subsidiaries, with NewMarket Technology retaining a majority equity interest.
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