Appulse Corporation ("Appulse") (TSX VENTURE:APL) today reported revenues of $
3,108,000 for the six months ended June 30, 2008, compared to $ 2,600,000 for
the same six-month period of the previous year. The Corporation reported a net
loss of ($ 90,000) for the first six months of 2008, compared to a net income of
$ 15,000 for the same period of the previous year. Cash flow from operations was
$ 38,000 to June 30, 2008, compared to $ 117,000 for the same six-month period
of 2007.


Revenue for the first half of 2008 increased by 19% over the same period of
2007. The total gross margin percentage was consistent with the prior year
although the sales mix differed with machine sales of $ 1,267,000 compared to $
513,000 for the same period of 2007. Overhead costs to June 30, 2008 were
substantially higher than the first half of the previous year, primarily
reflecting increased personnel costs and a focus on marketing and future growth.


Firm machine orders for the 2008 fiscal year now exceed $ 2.8 million and
management expects a return to profitability during the third quarter.


About Appulse

Through its subsidiaries, Centrifuges Unlimited Inc., Rolyn Oilfield Services
Inc., and Design Machining Unlimited Inc., Appulse specializes in the sales,
servicing and refurbishing of centrifuge equipment, serving both domestic and
international markets, and offers full service industrial machining. The
Corporation continues to pursue expansion to its product base and geographic
markets, in addition to adopting a program of controlled acquisitions
complementing its current activities.


Further information on Appulse and its subsidiaries can be obtained through the
Corporation's website, at www.appulsecorp.net and on SEDAR at www.sedar.com.
Certain statements in this release are forward looking and the reader is
cautioned that such information, although considered reasonable by the
Corporation at the time of preparation, may prove to be incorrect.


Appulse (TSXV:APL)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas Appulse.
Appulse (TSXV:APL)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas Appulse.