Food Technology Service, Inc. (VIFL) news stock charts
Food Technology Service, Inc. (VIFL) Investment Summary:
Food Technology Service, Inc., (the 'Company') was organized as a Florida corporation on December 11, 1985. The Company owns and operates an irradiation facility located in Mulberry, Florida that uses gamma radiation to remove harmful pathogens and spoilage organisms from customer-owned products. The Company provides contract sterilization services to the medical device, food and consumer goods industries. The Company also irradiates packaging, spices and ingredients. The Company's revenue for 2007 ($2,092,826) resulted primarily from the processing of medical items and food. The Company continues to diversify its customer base, however three customers accounted for approximately 60% of revenues in 2007. During the past few years, the Company has aggressively pursued sterilization of medical devices to increase its customer base. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f31%2f0000868267-08-000002.html#FIS_BUSINESS"FOOD TECHNOLOGY SERVICE INC (VIFL:NASDAQ)
Snapshot of FOOD TECHNOLOGY SERVICE INC (VIFL)
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OPEN
$1.86
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PREVIOUS CLOSE
$1.88
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DAY HIGH
$1.91
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DAY LOW
$1.86
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52 WEEK HIGH
04/13/09 - $3.00
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52 WEEK LOW
03/25/09 - $1.27
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MARKET CAP
5.2M
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AVERAGE VOLUME 10 D
7.3K
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EPS TTM
$0.48
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SHARES OUTSTANDING
2.8M
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VIFL Does Not Pay Dividends
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P/E TTM
4.0x
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| K = Thousands M = Millions B = Billions | ||
Key developments for FOOD TECHNOLOGY SERVICE INC (VIFL)
Food Technology Service Inc. reported earnings results for the third quarter and nine months of 2009. For the quarter, the company had revenues of $547,685 compared to revenues of $683,409 for the same period in 2008. This is a decrease of approximately 19.9%. The company had net income (with increased tax credit benefit) of $343,491 and income before taxes (without increased tax credit benefit) of $62,491. These figures compare to $186,859 during the third quarter of 2008 and represent a decrease in income before taxes of about 66% and an increase in net income of about 84%. For the nine months, the company's revenues were $1,875,239 were comparable to revenues for the nine months of 2008 of $1,865,344. The company had income before taxes of $410,289 and net income of $621,289. This compares to net income of $393,187 for the first three quarters of 2008. Revenues and income before taxes for the first three quarters of 2009 were comparable to those realized for the first three quarters of 2008, as were earnings per share. Net income increased approximately 58% over the same period in 2008. Earnings per share were $0.251 compared to $0.143 for the same period in 2008.
Food Technology Service Inc. reported earnings results for the second quarter and six months ended June 30, 2009. Revenues were $652,724 during the second quarter of 2009 compared to revenues of $623,061 for the same period in 2008. This is an increase of approximately 4.8%. The company had net income during the second quarter of 2009 of $165,926 compared to net income of $129,773 during the second quarter of 2008. This is an increase of approximately 27.8%. For the first half of 2009, the company had revenues of $1,327,554 and net income of $347,798. Revenues during the first half of 2008 were $1,181,930 and the Company had net income of $206,327. Revenues increased by about 12.3% and net income increased by approximately 68% in the first half of 2009 compared to the same period in 2008. Earnings per share for the second quarter of 2009 were approximately $0.06. Included in revenue for the quarter and six month period ended June 30, 2009 is a settlement fee of $85,229 relating to the termination of a warehouse lease with a former customer.
Food Technology Service Inc. announced earnings results for the first quarter of 2009. For the quarter, revenues were $674,830 compared to revenues of $558,869 for the same period in 2008. This is an increase of 20.7%. The company had net income during the first quarter of 2009 of $181,872 compared to net income of $76,554 during the first quarter of 2008. This is an increase of about 137.5% and was primarily due to growth of customers requiring irradiation of medical products. Earnings per share for the first quarter of 2009 were approximately $0.07.
Food Technology Service, Inc. financial resources
VIFL Competitors
| Company | Last | Change | |
| No competitor information is available for VIFL. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | VIFL | Industry Range |
| Price/Earnings | 4.0x |
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| Price/Sales | 2.1x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 3.0x |
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| TEV/Sales | 1.6x |
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VIFL |
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VIFL transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About Food Technology Service, Inc.
FOOD TECHNOLOGY SERVICE INC Files SEC form 10-Q, Quarterly Report
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FOOD TECHNOLOGY SERVICE INC Files SEC form 10-K, Annual Report
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FOOD TECHNOLOGY SERVICE INC Files SEC form 10-Q, Quarterly Report
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FOOD TECHNOLOGY SERVICE INC Files SEC form 10-Q, Quarterly Report
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FOOD TECHNOLOGY SERVICE INC Files SEC form 8-K, Results of Operations and Financial Condition
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FOOD TECHNOLOGY SERVICE INC Files SEC form 10-Q, Quarterly Report
Read article