shareholder s newsletter

ALPHA
TECHNOLOGIES CORP. LTD.


Web Site: www.alphatechnics.com
Shareholder’s Newsletter
For the Quarter Ended 30 June 2006
(Note: All figures are reported in Australian Dollars unless otherwise stated)
Dear Shareholder,
The Company is delighted to report its most profitable year ever.
The consolidated unaudited year end results show that the Sales for the quarter of $4,535,000 were
$1,405,000 up on last year’s figure for the same period of $3,140,000. The Sales for the year of $15,234,000
were up $3,212,000 compared to Sales for the same period last year of $12,022,000.
The Profit before Tax figure for the quarter of $668,000 was $347,000 up on last year’s figure for the same
period of $321,000. The Profit before Tax figure for the year of $2,251,000 was $598,000 up on last year’s
figure for the same period of $1,653,000.
The Profit after Tax figure for the quarter of $2,314,000 was $1,996,000 up on last year’s figure for the same
period of $318,000. The Profit before Tax figure for the year of $3,746,000 was $2,058,000 up on last year’s
figure for the same period of $1,688,000. These figures include a deferred tax benefit of $1,626,000.
These figures include 6 months profits from Control HTP Srl a 70% owned subsidiary that Alpha Technics
Europe Srl. acquired earlier this year.
EBIDTA for the quarter of $738,000 was $367,000 up on last year’s figure for the same period of $371,000.
EBIDTA for the nine months of $2,479,000 was $565,000 up on last year’s figure for the same period of
$1,914,000.
USA Subsidiary Results
Turnover in the USA subsidiary in the year ended 30 June 2006 was approximately USD 9,846,000. This was
a 9.3% increase over the same period of the previous year of USD 9,007,000.
The operating results for the year ended 30 June 2006 for our USA subsidiary produced a net profit after tax
of USD 2,803,000; up USD 1,620,000 on last years figure for the same period of USD 1,183,000.
The earnings before interest, depreciation, tax and amortization for the year were USD 1,767,000.
COMPANY RESULTS SUMMARY
2006 2006 2005
3 Months to 30 June
2006
Year to 30 June 2006 Year to 30 June 2005
(AUD) ‘000’s (AUD) ‘000’s (AUD) ‘000’s
Sales 4,535 15,234 12,022
Gross Margin 1,585 6,056 5,102
Net Income before
Taxes
668 2,251 1,653
Taxes (1,646) (1,495) (35)
Net Income after
Taxes
2,314 3,746 1,688
EBIDTA 738 2,479 1,914