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Almost Family Reports Fourth Quarter and Full Year 2008 Results
Date:3/4/2009

========== EBITDA from continuing operations $9,616,714 14.5% $4,069,451 11.3% $5,547,263 136.3% ALMOST FAMILY, INC. AND SUBSIDIARIES RESULTS OF OPERATIONS Year ended December 31, ----------------------- 2008 2007 Change ------------------------------------------------------ Amount % Rev Amount % Rev Amount % ------------------------------------------------------ Net service revenues Visiting Nurse $172,977,478 81.4% $96,187,044 72.8% $76,790,434 79.8% Personal Care 39,622,793 18.6% 35,943,012 27.2% 3,679,781 10.2% ---------- ---------- --------- 212,600,271 100.0% 132,130,056 100.0% 80,470,215 60.9% ----------- ----------- ---------- Operating income Visiting Nurse 36,644,987 21.2% 18,382,333 19.1% 18,262,654 99.3% Personal Care 3,849,180 9.7% 3,444,913 9.6% 404,267 11.7% --------- --------- ------- Operating income before unallocated corporate expenses 40,494,167 19.0% 21,827,246 16.5% 18,666,921 85.5% Corporate expenses 12,288,183 5.8% 7,897,646 6.0% 4,390,537 55.6% ---------- --------- --------- Operating income 28,205,984 13.3% 13,929,600 10.5% 14,276,384 102.5% Interest expense, net (1,147,417) 0.5% (836,911) 0.6% 310,506 37.1% Income taxes (10,654,39
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SOURCE Almost Family, Inc.
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