Sunday, February 26, 2006 4:42:25 PM
ADVC Cup Complete
oh man ... if this thing starts forming a handle ... yummy.
Thursday , February 23, 2006 08:32 ET
Advanced Communications Technologies, Inc. (ADVC) announced that its wholly-owned operating unit, Encompass Group Affiliates, Inc., expects to generate $10 million in revenue for fiscal 2006, a 33% increase as compared with $7,522,000 for fiscal 2005. Encompass' subsidiary Cyber-Test, a Florida-based electronic equipment repair company, is a significant contributor to the substantial revenue projections, with one record breaking month after another over the company's past fiscal year including January, it's highest sales month yet. Cyber-Test reported $900,000 in revenue for January, compared with $676,000 for the same month in 2005, or a 33% increase. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the month was an impressive $101,000 or 11% of sales, compared to EBITDA of $42,000 or 6% of sales in January 2005.
Lisa Welton, president of Cyber-Test, said, "Our fiscal year-to-date sales are already in excess of $5.3 million." Welton explained, "We generated $900,000 in sales last month, making January by far our most successful revenue-producing month in the company's history. Our business is increasing, a result of the value that technology products have in the daily lives of our customers, and their need to protect the investment they have made in these products. Moreover, improvements to our processes and procurement of new and used parts have reduced our operating costs, and increased our margins."
oh man ... if this thing starts forming a handle ... yummy.
Thursday , February 23, 2006 08:32 ET
Advanced Communications Technologies, Inc. (ADVC) announced that its wholly-owned operating unit, Encompass Group Affiliates, Inc., expects to generate $10 million in revenue for fiscal 2006, a 33% increase as compared with $7,522,000 for fiscal 2005. Encompass' subsidiary Cyber-Test, a Florida-based electronic equipment repair company, is a significant contributor to the substantial revenue projections, with one record breaking month after another over the company's past fiscal year including January, it's highest sales month yet. Cyber-Test reported $900,000 in revenue for January, compared with $676,000 for the same month in 2005, or a 33% increase. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the month was an impressive $101,000 or 11% of sales, compared to EBITDA of $42,000 or 6% of sales in January 2005.
Lisa Welton, president of Cyber-Test, said, "Our fiscal year-to-date sales are already in excess of $5.3 million." Welton explained, "We generated $900,000 in sales last month, making January by far our most successful revenue-producing month in the company's history. Our business is increasing, a result of the value that technology products have in the daily lives of our customers, and their need to protect the investment they have made in these products. Moreover, improvements to our processes and procurement of new and used parts have reduced our operating costs, and increased our margins."
People who say it cannot be done should not interrupt the person doing it.
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