Flamemaster Corp. reported unaudited earnings results for the third quarter and nine months ended June 30, 2009. The company reported a loss of $51,666 or $0.04 per share before extraordinary charges of $75,525 to write off securities, reporting a net loss of $127,191 or $0.10 per basic and diluted share on sales of $1,104,850 for the quarter ended June 30, 2009, a decline of 30%. For the year earlier period, The Company reported net income of $239,296 or $0.20 per basic and diluted share on sales of $1,592,979. For the nine-month period ended June 30, 2009, sales decreased by 17% to $3,730,126 compared to $4,500,848 in the year earlier period. Net income for the nine months decreased to $141,609 or $0.12 per share before extraordinary charges. Net income after extraordinary charge was $66,084 or $0.06 per basic and diluted share compared to $490,084 or $0.40 per basic and diluted share in the previous year.

Flamemaster Corp. reported earnings results for the second quarter and six months ended March 31, 2009. For the quarter, the company reported net income of $88,412 or $0.07 per fully diluted share on sales of $1,301,718 compared to net of $201,109 or $0.16 per fully diluted share on sales of $1,569,421 in the year earlier period. Net income declined by 56% on a 17% decrease in sales. For the six month period ended March 31, 2009, sales decreased by 9.7% to $2,625,276 from $2,907,916 in the year earlier period. The company reported earnings of $154,084 or $0.13 per fully diluted share compared to $240,942 or $0.20 per fully diluted share. Sales and earnings were impacted by the overall weakness in the economy.

Flamemaster Corp. reported earnings results for the fourth quarter and year ended September 30, 2008. For the quarter, the company reported a 34.5% decline in income to $118,676 on sales of $1,597,815, compared to a net of $181,419 on sales of $1,436,828 for the same period last year. Per share results were $0.10 compared to $0.15 per share for the quarter ended September 30, 2007. The company reported net income of $608,760 on sales of $6,098,711 for the year ended September 30, 2008. In the previous year earnings were $363,169 on sales of $6,287,239. Per share results were $0.50 fully diluted in 2008 against $0.30 fully diluted in 2007. The earnings for the previous year were severely impacted due to the costs and disruption of production associated with the company’s relocation to a larger facility in the 1st quarter of fiscal 2007.