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SXC Health Solutions Announces 2007 Fourth Quarter and Year-end Financial Results
Date:3/6/2008

LISLE, IL, March 6 /PRNewswire-FirstCall/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), announces its financial results for the three- and twelve-month periods ended December 31, 2007. Financial references are in U.S. dollars unless otherwise indicated.

2007 Financial Highlights (in millions, except per share data)

Full Full

% Year Year %

Q4-07 Q4-06 change 2007 2006 change

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Total Revenue $23.6M $22.0M +7% $93.2M $80.9M +15%

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Recurring revenue $18.3M $14.5M +26% $70.8M $53.7M +32%

Adjusted EBITDA $ 7.4M $ 5.7M +30% $22.3M $22.1M +1%

Adjusted EBITDA (%) 31% 26% 24% 27%

Net income before tax $ 6.4M $ 5.1M +25% $18.3M $16.3M +12%

Net income $ 3.8M $ 3.3M +15% $13.2M $13.5M -2%

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Earnings per share (f/d) $ 0.18 $ 0.15 +20% $ 0.61 $ 0.69 -12%

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Transaction volume 106.1M 92.4M +15% 404.4M 310.2M +30%

Cash $90.9M $70.9M +28%

2007 Operational Highlights

- awarded a $6.9 million multi-year contract to provide Pharmacy

Benefit Management ("PBM")
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SOURCE SXC Health Solutions, Inc.
Copyright©2008 PR Newswire.
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