Financial Information
AlarmForce Industries Inc. 2006 Annual Reprt
Contents
Protecting the Ones You Love . . . Since its inception in 1988, AlarmForce Industries Inc. has remained faithful to its mission: to provide our clients with affordable and technologically advanced home security. A Canadian-based company, AlarmForce focuses on developing, marketing and monitoring proprietary, state-of-the-art burglar alarm systems. Backed by strong and distinctive marketing campaigns, the company and its innovative products have become a strong brand, recognized throughout Canada and growing in the US marketplace. AlarmForce is traded on The Toronto Stock Exchange under the symbol AF.
- Cash flows from operating activities increased to over $4.9 million, an increase of 41% from 2005.
- Net income increased to $1,492,000 from $810,000, an increase of 84% from 2005.
- EBITDA increased to $5,217,000 from $,000, an inc4,370rease of 19%.
- Earnings per share increased by 77% from seven cents to twelve cents per share.
- The Company’s Head Office relocation to larger facilities provides sufficient space to maintain quick and efficient service to our ever-increasing subscriber base.
