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ERGN Ergo Science Corp. featured news, full reports, and detailed charts

Ergo Science Corp. (ERGN/ERGN.PK) Wrap Up:

Ergo Science Corporation, through its wholly owned subsidiary, Nexus Media Communications, operates as a business information provider. It provides information that consists of printed magazines, Web sites, data services and directories, staged exhibitions, conferences, and award ceremony events. The company’s business includes 13 trade names, including Independent Grocer, The Motor Ship, World Travel Guide, and Motor Trader; 150 domain names consisting of columbusguides.com, groweroftheyear.com, harpers-wine.com, motorship.com, motortrader.com, travel-guide.com, and worldfish.com; 50 printed magazines and directories that comprise Motor Trader, Harpers Wines & Spirits, The Grower, Independe...
Founded in 1990

Ergo Science Corp. (ERGN:OTC)

Market Cap
3.0M
Total Revenue
25.6M
EBITDA
2.0M
DILUTED EPS TTM
--
P/E
--
P/S
--
Return On Asset
-4.70
Return On Equity
-23.21
K = Thousands  M = Millions  B = Billions

ERGN Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

Key developments for Ergo Science Corp. (ERGN)

Ergo Science Corporation Announces Change of Address

Ergo Science Corp. announced that it has moved its offices to 319 Littleton Road, Suite 307B, Westford, MA 01886. Ergo Science Corporation, now based in Westford, Massachusetts.

Ergo Science Corp. Reports Earnings Results for the Year Ended December 31 2006 and for the Six Months Ended June 30, 2007 ; Records Impairment Charges for the Full Year Ended December 31, 2007

Ergo Science Corp. reported earnings results for the year ended December 31 2006 and for the six months ended June 30, 2007. Revenue decreased from $34,984,000 for the year ended December 31, 2005 to $30,672,000 for the year ended December 31, 2006. The Company's print advertising which accounted for 51% of its revenue in 2005 declined by $3,517,000 or 19% in 2006. Furthermore, the Icelandic Fishing Exhibition, which is a biennial show, ran in 2005 and not in 2006. For the full year ended December 31, 2006, the company reported net loss of $5,853,000 compared with $4,034,000 for the same period a year ago. For the full year ended December 31, 2006, the company recorded an impairment charge on intangibles $534,000 and impairment of goodwill $2,441,000 compared with $151,000 and $2,973,000 for the same period a year ago. Revenue decreased from $13,457,000 for the six month period ended June 30, 2006 to $8,352,000 for the six month period ended June 30, 2007. Most of this decrease is due to the closure of products at the end of 2006 and the sale of some products in late 2006 through early 2007. Revenue on the retained business is roughly at the same level in 2007 as 2006 with a decrease in display advertising revenues offset by revenue growth in the company's tradeshow and event activity in the first half of 2007. For the six months, the company reported net loss of $1,434,000 compared with $2,975,000 for the same period a year ago.

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Industry Analysis

Valuation ERGN Industry Range
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Price/Cash Flow NM Not Meaningful
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ERGN transactions

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