ASVP American TonerServ Corp. featured news, full reports, and detailed charts
American TonerServ Corp. (ASVP/ASVP.OB) Wrap Up:
American TonerServ Corp. distributes remanufactured compatible printer toner cartridges in the United States. The company also remanufactures compatible cartridges, as well as provides service and maintenance for office equipment, including copiers, faxes, computers, plotters, printers, and phone equipment. In addition, it provides printing supplies, print management, and repair services. The company services printers and other office equipment through its preferred provider network. It serves small and medium-sized businesses. The company was founded in 1995. It was formerly known as Manage Maintenance Systems, Inc. and changed its name to Q MATRIX, Inc. in 1995. Further, the company change...American TonerServ Corp. (ASVP:OTC Bulletin Board Market)
Snapshot of American TonerServ Corp. (ASVP)
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OPEN
$0.20
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PREVIOUS CLOSE
$0.18
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DAY HIGH
$0.20
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DAY LOW
$0.20
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52 WEEK HIGH
10/16/09 - $0.32
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52 WEEK LOW
04/2/09 - $0.08
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MARKET CAP
15.7M
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AVERAGE VOLUME 3 mo
68.0
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
78.5M
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ASVP Does Not Pay Dividends
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P/E TTM
NM
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ASVP Top Compensated Officers
Executives, Board Directors
Key developments for American TonerServ Corp. (ASVP)
American TonerServ Corp. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, total revenues were $7,760,601 against $2,653,858 a year ago. Loss from operations was $314,973 against $709,108 a year ago. Net loss was $1,028,777 or $0.01 per basic and diluted share against $956,080 or $0.01 per basic and diluted share a year ago. Cash flows from operating activities were $82,672 against $381,163 a year ago. EBIT was $702,849 against $776,118 a year ago. EBITDA was $473,271 against $584,006 a year ago. Adjusted EBITDA was $61,200 against adjusted LBITDA of $401,400 a year ago. Revenue increased 192% compared with the year ago period, primarily due to the acquisition of iPrint Technologies. For the nine months, total revenues were $21,493,092 against $8,106,084 a year ago. Loss from operations was $1,074,194 against $2,367,765 a year ago. Net loss was $1,874,843 or $0.02 per basic and diluted share against $3,408,006 or $0.05 per basic and diluted share a year ago. Cash flows from operating activities were $349,563 against $1,707,266 a year ago. EBIT was $755,496 against $2,795,334 a year ago. EBITDA was $81,350 against $2,232,399 a year ago. Adjusted EBITDA was $345,616 against adjusted LBITDA of $1,158,902 a year ago. Revenue increased 165%, primarily due to the acquisition of iPrint Technologies.
American TonerServ Corp., Q3 2009 Earnings Call, Nov-11-2009
American TonerServ Corp. - Conference Presentation Calls
ASVP Competitors
| Company | Last | Change |
| Lexmark International Inc | $25.28 USD | -0.22 |
| Office Depot Inc | $6.36 USD | -0.18 |
| OfficeMax Inc | $11.31 USD | +0.06 |
| Staples Inc | $22.72 USD | +0.07 |
| Xerox Corp | $7.83 USD | +0.05 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | ASVP | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.5x |
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| Price/Book | 4.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.2x |
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ASVP |
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ASVP transactions
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Target |
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Private Placement
October 22, 2009 |
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More Recent News About American TonerServ Corp.
More news for ASVP
AMERICAN TONERSERV CORP. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION This Report contains statements that may contain forward-looking statements, concerning the Registrant's future operations and planned future acquisitions and other matters and the Registrant intends that such forward-looking statements be subject to the safe harbors for such statements. Any statements that involve discussions with respect to predictions, expectations, belief, plans, projections, objectives, assumptions or future events or performance (often, but not always, using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", could", "might", or "will" be taken to occur or be achieved) are not statements of historical fact and may be "forward looking statements". These forward-looking statements include statements relating to, among other things, the ability of the Registrant to continue as a going concern. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Such forward-looking statements are based on the beliefs and estimates of the Company's management as well as on assumptions made by and information currently available to the Company at the time such statements were made. Forward looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward looking statements, including, without limitation, the failure to obtain adequate financing on a timely basis. Actual results could differ materially from those projected in the forward- looking statements, either as a result of the matters set forth or incorporated in this Report generally and certain economic and business factors, s...Click here to read the whole Article (external link)
AMERICAN TONERSERV CORP. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for AMERICAN TONERSERV CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for AMERICAN TONERSERV CORP. 13-Nov-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational p...Click here to read the whole Article (external link)
AMERICAN TONERSERV CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
Show all filings for AMERICAN TONERSERV CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for AMERICAN TONERSERV CORP. 10-Nov-2009Results of Operations and Financial Condition, Financial Statements and Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information p...Click here to read the whole Article (external link)
American TonerServ Reports Record Revenue for Third Quarter
The following is a reconciliation of cash flows provided by operating activities to EBIT, EBITDA, and net loss: Â Â Â Â Three Months EndedSeptember 30, Nine Months EndedSeptember 30, 2009 2008 2009 2008 Cash flows from operating activities $ (82,672 ) $ (381,163 ) $ (349,563 ) $ (1,707,266 ) Changes in operating assets and liabilities (119,770 ) (154,137 ) (102,939 ...Click here to read the whole Article (external link)
AMERICAN TONERSERV CORP. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Show all filings for AMERICAN TONERSERV CORP. | Request a Trial to NEW EDGAR Online Pro Form 8-K for AMERICAN TONERSERV CORP. 9-Nov-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as i...Click here to read the whole Article (external link)
American TonerServ Corp. to Present at the 6th Annual Merriman Curhan Ford Investor Summit
SANTA ROSA, Calif.--(BUSINESS WIRE)--Chuck Mache, Chief Executive Officer of American TonerServ Corp. (OTCBB: ASVP - News), a leader in the highly fragmented $6.0 billion printer supplies and services industry, will present at the 2009 Merriman Curhan Ford Investor Summit on Tuesday, November 10 at 8:30AM ET. The presentation will take place in the Trocadero Room at the Sofitel Hotel in New York City. The presentation will also be available live via webcast through the conference website at http://www.wsw.com/webcast/mcm12/asvp.ob/.About American TonerServ CorporationAmerican TonerServ (OTCBB: ASVP - News) is a leading marketer of compatible and original-equipment-manufactured toner cartrid...Click here to read the whole Article (external link)
American TonerServ Celebrates One-Year Anniversary of iPrint Acquisition and Reports Strong Organic Revenue Growth in its iPrint Division
SANTA ROSA, Calif.--(BUSINESS WIRE)--American TonerServ Corp., a leader in the highly fragmented $6.0 billion printer supplies and services industry (OTC.BB:ASVP - News), provides an update on the acquisition of iPrint Technologies, which was completed on October 31, 2008. On an un-consolidated basis, revenues from the iPrint operations increased 34% for the nine-months ended September 30, 2009, compared to the same nine-month period in 2008. iPrint’s strong history serving retail clients in the Fortune 1000 and middle-market sectors, combined with American TonerServ’s sales infrastructure contributed to the organic growth. Shortly after the acquisition of iPrint, American TonerServ launched a new sales initiative, “The Sales Partner Program,†which is a proactive program in place to find industry-leading sales professionals within the Printer Services industry that are looking to take advantage of American TonerServ’s competitive commissions and pricing model.“We are pleased with the success of the iPrint acquisition and the rapid growth we are experiencing,†commented Chuck Mache, President and Chief Executive Officer of American TonerServ Corp. “The addition of iPrint has strengthened our retail client base and overall toner volume, which has provided us with purchasing and pricing strength from our manufacturers. This benefit has allowed us t...Click here to read the whole Article (external link)
American TonerServ Corp. Completes Private Offering of Preferred Stock
SANTA ROSA, Calif.--(BUSINESS WIRE)--American TonerServ Corp. (OTC.BB:ASVP - News) (http://www.americantonerserv.com) (“ATSâ€), a leader in the highly fragmented $6.0 billion printer supplies and services industry, announced that it has completed a private offering of shares of its Series D Convertible Preferred Stock ("Series D Shares"). A total of 7,800,000 Series D Shares were sold to 20 accredited investors at $0.25 per share for an aggregate of $1,950,000 in gross proceeds, of which $950,000 was in the form of cash and the remaining $1,000,000 was in exchange for debt owed by ATS. The cash proceeds are being used for working capital purposes and debt repayment. ...Click here to read the whole Article (external link)
American TonerServ (ASVP) Exceeds Daily Average Sales of 1,000 Toner and Ink Cartridges
SANTA ROSA, Calif.--(BUSINESS WIRE)--American TonerServ Corp., a leader in the highly fragmented $6.0 billion printer supplies and services industry (OTC.BB:ASVP - News), reports that it is now selling an average of more than 1,000 toner and ink cartridges per day. This milestone is reached during a period of strong growth for the company, which has enjoyed a consistent rise in sales over the past five quarters. American TonerServ’s management sees the sales milestone as strong evidence for an ever-growing toner cartridge market. As the company’s sales of original equipment manufactured and remanufactured cartridges (compatibles) are both on the rise, the company predicts a higher relative demand for the compatibles, which offer higher margins to the company and serves as a lower-cost and environmentally friendly alternative.Chuck Mache, President and Chief Executive Officer of American TonerServ Corp., said, “We are greatly encouraged that our sales volume has exceeded this important benchmark. The demand for cartridges has never been greater, and American TonerServ has positioned itself as a key player in this important market. We have sold well over 250,000 cartridges since the end of the second quarter of 2008, and sales are consistently rising from quarter to quarter.†He went on to say, “Compatibles currently comprise more than 50 percent of our total ...Click here to read the whole Article (external link)
American TonerServ Corporation Elects Greg Curhan to Board of Directors
SANTA ROSA, Calif.--(BUSINESS WIRE)--American TonerServ Corp. (OTCBB:ASVP - News) (“ATSâ€) a strategic consolidator in the highly fragmented $6.0 billion printer supplies and services industry, today announced that the stockholders of ATS elected Greg Curhan to the company's Board of Directors at the annual meeting of stockholders held on September 24, 2009. Mr. Curhan was the Co-Founder and former president of Merriman Curhan Ford, an investment bank and securities broker-dealer focused on fast-growing companies and institutional investors.“We are delighted to have Greg join our Board of Directors,†said Chuck Mache, the company’s Chief Executive Officer. “He has a tremendous reputation on Wall Street, especially in the CleanTech community, previously leading Merriman Curhan Ford`s CleanTech investment banking practice. In addition, Greg has established and grown many companies. His guidance and experience will be a terrific value add to our Company and shareholders.â€Mr. Curhan commented, “I am pleased to join American TonerS...Click here to read the whole Article (external link)
