RAMSEY, N.J.--([ BUSINESS WIRE ])--Bogen Communications International, Inc., (Pink Sheets: BOGN) today announced results for the fiscal year ended December 31, 2009.
Audited Results: Fiscal Year | ||||||||||||||||||||||||
Dollars in 000a™s | 2009 Consolidating | 2008 Consolidating | ||||||||||||||||||||||
Total | Domestic | Foreign | Total | Domestic | Foreign | |||||||||||||||||||
Net Sales | $44,854 | $36,052 | $8,802 | $59,406 | $41,108 | $18,298 | ||||||||||||||||||
Gross Profit | 20,094 | 13,842 | 6,252 | 30,889 | 16,839 | 14,050 | ||||||||||||||||||
Gross Profit % | 44.8% | 38.4% | 71.0% | 52.0% | 41.0% | 76.8% | ||||||||||||||||||
Income (Loss) Before Taxes | (17,308) | (9,199) | (8,109) | 3,507 | 2,131 | 1,376 | ||||||||||||||||||
Net Income (Loss) | $(11,631) | $(5,823) | $(5,808) | $2,349 | $1,352 | $997 |
Selected Audited Balance Sheet Data as of December 31st: | ||||||||||||||
2009 | 2008 | |||||||||||||
Cash and Marketable Securities | $2,397 | $6,630 | ||||||||||||
Net Trade Receivables | 5,021 | 7,728 | ||||||||||||
Inventory | 4,984 | 6,138 | ||||||||||||
Total Current Assets | 20,191 | 22,942 | ||||||||||||
Total Assets | 37,894 | 40,696 | ||||||||||||
Short-term Debt and Current Maturities of | 4,950 | |||||||||||||
Current Liabilities | 13,136 | 8,934 | ||||||||||||
Long Term Debt, Net of Current Maturities | 4,800 | |||||||||||||
Total Liabilities | 18,238 | 9,382 | ||||||||||||
Total Equity | $19,656 | $31,314 |
Please visit Bogena™s website at [ www.bogen.com ] for the complete Consolidated Financial Statements, as well as additional information about the Company and its products and services.
About Bogen
Bogen Communications International, Inc., based in Ramsey, New Jersey, and Germering, Germany, develops, manufactures, markets, and sells telecommunications peripherals, sound processing and audio amplification equipment, and Unified Messaging products and services to commercial, industrial, professional, educational, and institutional customers worldwide.