LMLP: 0.600 -0.010 (-1.64%) - LML Payment Systems, Inc.: "Net profit margin 167.38% 44.07%
Operating margin 3.61% 4.86%
EBITD margin - 11.20%
Return on average assets 50.83% 12.52%
Return on average equity 81.87% 23.13%
Employees 55"
LML Payment Systems Inc. (LML) is a provider of electronic payment, risk management and authentication services primarily to businesses and organizations who use the Internet to receive or send payments. The Company links merchants selling products or services to customers wanting to buy them and financial institutions who allow the transfer of payments to occur. It has partnership arrangements and certified connections to financial institutions, payment processors and other payment service providers. LML provides its electronic payment, authentication and risk management services to over 8,000 businesses and organizations in Canada and the United States. Its payment services allow its customers to accept or process a range of payments, including credit cards, debit cards, electronic fund transfers and automated clearing house (ACH) transactions.
((((Fiscal Year Highlights
* Revenue: $12.3million -- up 9.3%
* Income from operations: $600,000 -- up over $1,000,000 from
last year
* Income before taxes: $1,034,000 -- up over $2,640,000 from last
year
* Net income: $5,455,000 -- up over $7.6 million from a loss of
($2,221,000) last year
* New customers: 1,500
* New Channel Sales Partners: 100
* All three business segments (Transaction Payment Processing,
Intellectual Property Licensing and Check Processing/Software
Licensing) make profitable contributions
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Tuesday, August 4, 2009
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