NewMarket Technology, Inc. (OTCBB:NMKT) today released its 2005 Annual Report on SEC Form 10KSB. The Company posted revenue of $50.1 million in 2005, representing an increase in revenue of 101% over 2004. After allowing for foreign currency adjustments, net income for 2005 was $2.6 million. Financial Performance Highlights Operations: -- Revenue for 2005 increased 101% from 2004 ($50.1m v. $24.98m) -- Gross profit for 2005 increased 61% from 2004 ($18.6m v. $11.5m) -- Operating expense percentage decreased (31% of sales in 2005 v. 45% of sales in 2004) -- Net income before currency translation for 2005 increased 1,788% from 2004 ($2.97m v. $154k) -- Earnings per share-basic for 2005 was $.028 v .007 for 2004 (300% increase) -- Earning per share-diluted for 2005 was $.015 v $.004 for 2004 (275% increase) Balance sheet: -- Cash position increased 12% over previous quarter ($3.1m v. $2.9m) -- Account Receivables decreased 25% from previous quarter ($15.1m v. $20.1m) -- Working capital increased 180% from year-end 2004 ($6.1m v. $2.2m) -- Stockholder's equity increased 96% from year-end 2004 ($32.8m v. $16.7m) Cash Flow: -- Cash flow from operations for 2005 increased 509% from 2004 ($1.6m v $268k) Mr. Philip Verges, Chief Executive Officer, and Mr. Philip J. Rauch, Chief Financial Officer, will conduct a conference call on Thursday, April 6, 2006, at 4:05 EDT to review the 2005 Annual Report and address pre-submitted shareholder inquiries. In the interest of maximizing the value of this conference call for all participants, please submit questions by Wednesday, April 5 to Investor Relations at LCGroup@mindspring.com. The dial-in number for the April 6 conference call is 605-772-3200 with access code 784316#. For those that are not able to participate an audio recording of the conference call will be posted on the NewMarket Technology website by Wednesday, April 12, 2006.
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