Navigation Links
Forterus Announces Fiscal Year 2009 Financial Results
Date:1/23/2010

9.

$0.43 Revenue Per Share (on share count of 13,513,264).

$0.03 Earnings Per Share (on share count of 13,513,264).

The company reported a consolidated net profit of 383,937 or $.03 per share and revenue of $5,842.182, or $0.43 per share, for the 2009 fiscal year.

Business Overview

For fiscal year 2009, the Company reported revenues of $5,842,182 from its continuing operations (healthcare services business), compared to revenues from continuing operations of $4,989,139 during the comparable period in 2008.

The Company has received numerous requests for comparable public companies in our industry.  The Company has provided the shareholders with Hythiam, Inc. as a comparable.  Hythiam is traded on NASDAQ. Hythiam reported a net loss of $10,714,000 for the nine months ending September 30, 2009 on $1,346,000 in revenue for the same time period.

"When looking at Hythiam's market capitalization of $28,358,896 as of January 15, 2010 and their performance against Forterus's, we are excited about the possible increase in our matrices, including shareholder equity," stated CEO Paul Howarth. "We did not actively seek out or receive any financing through the issuance of our common stock in 2009. However, we may begin to explore such possibilities based on Hythiam's $7,000,000 capital raise in 2009.  However, Forterus's Board feels the current market price and price throughout 2009 does not warrant the Company raising money through the issuance of
'/>"/>

SOURCE Forterus, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Forterus Inc. Inks Agreement to Provide National Sales and Marketing Support for a North Carolina-Based Addiction Treatment Center
2. Forterus Inc. Announces Stock Buyback
3. Forterus Healthcare to Acquire Solutions 4 Recovery
4. Forterus Healthcare Continues Its Southern California Expansion, Completing Its Second Acquisition in Six Months
5. A Better Tomorrow Treatment Center Inc., a Forterus Subsidiary, to Be Featured On A & E Television Networks Intervention Program
6. Forterus Treatment Center, A Better Tomorrow, Featured in Major Network Program
7. Advertisement for Forterus Treatment Center, A Better Tomorrow, Featured on A & E Network
8. Forterus Inc. Announces Free Outpatient Treatment to Military Veterans Back from War Zones
9. Forterus Inc. Announces Special Board Meeting; Nominates Jeff Walton, Former Bear Stearns President, to Board of Directors
10. Forterus Inc. Treatment Centers Serving Middle-Class; Rapid Growth Detailed in Paul Howarth Interview
11. Forterus Inc. Elects Jeff Walton, Former Bear Stearns President, to Board of Directors; Applying to Open New Facility near Los Angeles
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... Liberty University has received accreditation for its resident ... Council for Accreditation of Counseling & Related Educational Programs ... Counseling & Family Studies , is under the leadership of ... of Behavioral Sciences. Prior to the formation of the new ...
(Date:1/22/2015)... AZ (PRWEB) January 22, 2015 Padre Murphy's ... long supporter of Pro Player Health Alliance (PPHA). ... Padre Murphy's in getting everyone, including NFL greats, treated for ... of the leading groups supporting the cause in the valley. ...
(Date:1/22/2015)... 2015 AngelWeddingDress, the premier women’s dress ... wedding dresses. View website of AngelWeddingDress.com to ... maternity wedding dresses online for a bridal party. AngelWeddingDress ... quality for them. Its maternity wedding dresses are specially ...
(Date:1/22/2015)... Autocarinsurancebest.com has released a new blog post explaining the ... . , Auto insurance quotes help many drivers find ... necessary to call an agent or visit an agency for ... single website: http://autocarinsurancebest.com/ . , Every business who relies ...
(Date:1/22/2015)... La Jolla, Calif. (PRWEB) January 22, 2015 ... and Assemblymembers Susan Bonilla (D-Concord) and Kristin Olsen ... (CHI) for their leadership in advancing biotechnology, biomedical ... Mitchell, Bonilla and Olsen each received the “2014 ...
Breaking Medicine News(10 mins):Health News:Liberty University's Resident Master’s Counseling Program Receives CACREP Accreditation 2Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 2Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 3Health News:AngelWeddingDress Has Recently Released Its Collection Of 2015 Maternity Wedding Dresses 2Health News:Commercial Auto Insurance Provides Several Important Features! 2Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 2Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 3
... pain, temporary hearing loss, experts say , MONDAY, May 3 ... a common ear injury that can cause temporary hearing loss ... linked the force of acceleration in roller coasters with ear ... between the external environment, the ear drum and pressure in ...
... , ... Geisinger Health System, a leader in healthcare ... and management of patient information. By integrating DatStat data collection and ... team will provide patients and physicians with a powerful new ...
... ... after large influx of Healthcare clients in Q1 , ... Hazlet, N.J. (PRWEB) May 3, 2010 -- iCIMS, ... that the company has seen a large influx of new healthcare clients turning to ...
... ... on Syndrome that is a Leading Cause of Chronic Pain and Disability in U.S. ... Belleville, Ill. ... organizations worldwide to make fibromyalgia visible by increasing awareness and understanding during Fibromyalgia Awareness ...
... ... as the "Social Back Doctors," are Re-Launching their Facebook Fan Page. The Social ... , ... 4, 2010 -- Join the Executive Express Chiropractic team as they pave the ...
... Researchers at Lucile Packard Children,s Hospital and Stanford University ... that a significant decrease in hospital-wide mortality rates can ... entry system. The system, launched at Packard Children,s ... in mortality rates at the hospital over an 18-month ...
Cached Medicine News:Health News:Ear Damage a Downside of Roller Coaster Rides 2Health News:Geisinger Healthcare and DatStat Work to Improve Patient Care 2Health News:Growing Number of Healthcare Organizations Choose the Talent Platform 2Health News:Growing Number of Healthcare Organizations Choose the Talent Platform 3Health News:Growing Number of Healthcare Organizations Choose the Talent Platform 4Health News:Make Fibromyalgia Visible May 12 2Health News:Make Fibromyalgia Visible May 12 3Health News:San Francisco Chiropractor Goes Social: Join the Social Back Doctor Revolution on Facebook Now -- Win Prizes, Cash, and Services 2Health News:Study shows for first time decrease in mortality associated with physician order entry system 2Health News:Study shows for first time decrease in mortality associated with physician order entry system 3
(Date:1/22/2015)... 2015 /PRNewswire/ - Pivotal Therapeutics Inc. (OTCQX:PVTTF; CSE:PVO), ("Pivotal" or the ... therapies for cardiovascular disease and overall health is pleased to ... 2014 and its outlook for 2015 from the CEO, Mr. ... We would like to take this opportunity to share ...
(Date:1/22/2015)... MINNEAPOLIS , Jan. 22, 2015  Bio-Techne Corporation (NASDAQ: ... launched Ella, the first member of the new Simple ... ProteinSimple brand.  This launch represents the re-branding of the ... The Simple Plex platform is a transformative immunoassay technology ...
(Date:1/22/2015)... NEWBURY PARK, Calif. , Jan. 22, 2015 ... drive the continued consolidation of localization purchasing in 2015, ... According to a recent study by market ... studied chose a single-source solution for their translation and ...
Breaking Medicine Technology:Pivotal Therapeutics: Year in Review and CEO Update 2Pivotal Therapeutics: Year in Review and CEO Update 3Pivotal Therapeutics: Year in Review and CEO Update 4Pivotal Therapeutics: Year in Review and CEO Update 5Pivotal Therapeutics: Year in Review and CEO Update 6Pivotal Therapeutics: Year in Review and CEO Update 7Bio-Techne Launches Simple Plex Platform 2Bio-Techne Launches Simple Plex Platform 3Moravia Sees Single-Sourcing as Key Localization Trend in 2015 2
... CLEVELAND, Nov. 10 /PRNewswire/ -- JumpStart ... accelerates the progress of high growth early-stage businesses, ... in Checkpoint Surgical, LLC. A spinout of NDI ... is developing and commercializing a surgical handheld disposable ...
... Thoratec Corporation (Nasdaq: THOR ), a world ... support and restore failing hearts, said today that it ... Conference on Tuesday, November 10. , The presentation by ... begin at 8 a.m., Pacific Standard Time (11 a.m., ...
Cached Medicine Technology:JumpStart Invests in Checkpoint Surgical 2JumpStart Invests in Checkpoint Surgical 3
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
Medicine Products: