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RBC Life Sciences Reports Sales and Earnings Growth in 2010

more than thirty countries in which the products are distributed. For more information, visit the company's Web site at

The statements above, other than statements of historical fact, may be forward-looking. Actual events will be dependent upon a number of factors and risks including, but not limited to, changes in plans by the Company's management, delays or problems in production, changes in the regulatory process, changes in market trends, and a number of other factors and risks described from time to time in the Company's filings with the Securities and Exchange Commission.RBC Life Sciences, Inc.Summary Results of Operations(in thousands, except per share data)

(unaudited)Years Ended December 31,20102009Net sales



24,925Gross profit

13,68612,802Operating profit (loss)

1,044(160)Earnings (loss) before income taxes

891(324)Provision for income taxes

33311Net earnings (loss)

558(335)Earnings (loss) per share - basic



(0.02)Earnings (loss) per share - diluted

0.02(0.02)Weighted average shares outstanding - basic

21,99921,921Weighted average shares outstanding - diluted

22,43621,921RBC Life Sciences, Inc.Condensed Consolidated Balance Sheets(in thousands)

(unaudited)December 31,20102009AssetsCash and cash equivalents




5,3435,344Other current assets

1,6961,914Total current assets

11,25911,230Other assets

7,0857,383Total assets



18,613Liabilities and shareholders' equityAccounts payable and accrued liabilities



2,729Deferred revenue

2,4903,669Other current liabilities

168156Total current liabilities

5,7456,554Other liabilities

2,7232,840Shareholders' equity

9,8769,219Total liabilities and shareh

SOURCE RBC Life Sciences, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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