Fact Sheet Fiscal 2009 August 31, 2009
Company Profile
Founded in 1979, Titan Logix Corp. has evolved into an advanced technology industrial instrumentation and controls company. We design, manufacture, distribute and service instrumentation, control and automation solutions. These are primarily for the oil and gas, transportation and aviation industries, which for many years have relied on manual intervention. However due to rising costs, concerns and awareness about the environment (including the importance of spill prevention) and technological advancements - to list but a few reasons – we expect an increased demand for our products. The products we specialize in comprise an essential part of a complete asset management solution in the following categories:
- Transport Instruments: guided wave radar liquid gauging and control systems for mobile tankers;
- Level and Flow Instruments: mechanical and electronic liquid level gauging systems for storage tanks and industrial process vessels;
- Burner Controls: electronic burner management systems for atmospheric industrial heaters; and
- Telemetry and Control Products: communication and control systems enabling remote telemetry and management of site processes.
Titan Logix Corp. is a public company listed on the Toronto Venture Exchange and its shares trade under the symbol, TLA. Additional information relating to Titan Logix Corp., including the company's 2008 Annual Report, is available on SEDAR at www.sedar.com and on the company's website, www.titanlogix.com.
Market Information
Exchange/Symbol: TSX-Venture, TLA
Shares outstanding: 24,853,440
Market Capitalization: $3,479,482
Current Stock Quote: TLA
Investment Highlights
- Excellent potential for growth in Canada and the U.S.
- Experienced and focused management team
- Well established operating infrastructure
- Focused market penetration strategy and pursuit of new niche markets with continued new product development
- Strong balance sheet, working capital and cash position
- 11.4% average sales revenue growth between fiscal 2004 and fiscal 2008
- Alberta Venture Magazine's list of Top 50 TSX Venture Companies (February 2008 and February 2009 issues)
Selected Financial Information
Years ended August 31 (audited)
|
|
|
Sales |
|
Gross Profit |
|
Net Earnings (before tax) |
|
Net Earnings |
|
Basic earnings per share |
|
Diluted earnings per share |
|
Total assets |
|
Long-term liabilities |
|
Dividends |
| 2006 |
| 7,071,349 |
| 2,801,541 |
| 440,882 |
| 440,882 |
| 0.03 |
| 0.02 |
| 4,327,231 |
| 345,218 |
| Nil |
| 2007 |
| 8,922,386 |
| 4,075,683 |
| 1,260,946 |
| 2,930,088 |
| 0.13 |
| 0.12 |
| 7,623,875 |
| Nil |
| Nil |
| 2008 |
| 7,974,131 |
| 3,001,022 |
| 267,542 |
| 145,288 |
| 0.01 |
| 0.01 |
| 7,673,546 |
| Nil |
| Nil |
| 2009 |
| 8,396,952 |
| 3,389,382 |
| 195,177 |
| (264,213) |
| (0.01) |
| (0.01) |
| 7,145,970 |
| Nil |
| Nil |
For additional performance information, visit our Financial
Highlights page for financial summaries and Financial
Reporting page for complete quarterly and annual financial reports.
The Titan Logix Corp. Investor Relations Department may be contacted at: