M Line Holdings, Inc. (MLHC.OB) Announces 2011 Fiscal Year Results

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Exciting Profit News from M Line Holdings, Inc. M Line Holdings, Inc. (MLHC.OB) (“M Line”) announced that the Company has achieved its first full year profit since June 30, 2008. Revenues at $9,900,700 are 60% higher than revenues for the 2010 fiscal year and were slightly short of our forecasted revenue figure of $10,000,000.

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M Line Holdings, Inc. (MLHC.OB) Precision Engineering, Manufacturing, and Assembly for Aerospace & Beyond

M Line Holdings, Inc. (MLHC.OB) (“M Line”) announced that the Company has achieved its first full year profit since June 30, 2008. Revenues at $9,900,700 are 60% higher than revenues for the 2010 fiscal year and were slightly short of our forecasted revenue figure of $10,000,000. The Net Profit after taxes for the 2011 fiscal year was $229,929. This massive achievement, in a still very unstable economy, has seen a positive profit improvement over fiscal 2010 of $1,939,015.

Turn Around

EBITDA for the 2011 fiscal year is $722,551 which is better than the forecasted amount of $500,000. This is an improvement of $1,784,421 over the 2010 fiscal year. We anticipate increased revenues and profit for our current fiscal year.

Business Information

Eran Engineering’s primary business is airplane interior work. This is a huge market with approximately $2.0 Billion interior retrofit business as well as extensive interior business for new aircraft. Eran is currently targeting a very small portion of that business and orders are increasing. Elite Machine Tool buys, refurbishes and sells pre-owned CNC manufacturing equipment. With the increase in aerospace business there has been an increase in demand for equipment and Elite expects this trend to continue. Elite is also expecting larger than usual revenues for the remainder of this year due to the cancellation of the 100% tax write-off benefit effective December 31, 2011.

Trends Affecting our Business

The aerospace business in general is experiencing a growth period. Both Boeing and Airbus have seen a spike in demand and expect increased deliveries of planes next year to meet demand from the airlines. Both the Paris Airshow and orders since the show have far exceeded expectations and signify a much improved recovery in the aerospace business. Furthermore, due to limited refurbishment of the current airline fleet interiors over the last few years, this segment of aerospace business will experience considerable growth that is expected to continue at least until 2014. Eran Engineering our precision metal manufacturer is gearing up to meet the anticipated demand.

George Colin, CEO of M Line Holdings, Inc. stated “I am delighted to announce our first fiscal profit since joining the Board of the Company. This has been a tremendous achievement by all of the dedicated personnel, at Eran Engineering and Elite Machine Tool, that make up the M Line family. We are confident that we can not only continue this upward trend but exceed expectations over the next few years.”

The full 10-K report can be viewed here:
http://www.mlineholdings.com/pdfs/MLineHoldingsJun10K2011.mht

M Line Holdings, Inc. traces its beginning to 1978, when Eran Engineering was founded as a Computer Numerically Controlled (CNC) machining facility. Eran Engineering’s commitment to providing high quality, precision-engineered components laid the foundation for M Line Holdings. M Line Holdings has two primary business units: the Precision Manufacturing Group, of which Eran Engineering is a member, and the Machine and Tools Group for the sale of new and used CNC equipment. Over time, additional companies have been acquired to provide expanded vertically integrated capabilities for precision engineering manufacture and related services. M Line Holdings has remained consistent in the company mission, which is to support manufacturers of specialized, precision engineered components. M Line Holdings distinguishes itself by its engineering-centric approach, providing the highest quality through the use of state-of-the-art technology and integrated engineering, manufacturing, and assembly processes.

Continued demand for M Line Holdings products resulted in a relocation to Tustin, California in June 2007 in order to increase manufacturing floor space approximately 400% and to centralize expanded assembly and manufacturing operations within the same facility. M Line Holdings is now one of the largest precision engineering companies in Southern California, and one of the largest dealers in new and used CNC machine tools in the western United States.

Forward Looking Statements
This news release contains certain “forward- looking statements.” Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words “believe,” enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved

For more information or an interview with Tony Anish, M Line Holdings, Inc. (MLHC.OB)
please email or call for scheduling:

tony(at)mlineholdings(dot)com

http://www.mlineholdings.com

info(at)mlineholdings(dot)com

(714) 630-6253 Phone
(714) 619-2339 Fax

M Line Holdings, Inc. (MLHC.OB) Precision Engineering, Manufacturing, and Assembly for Aerospace & Beyond
Copyright © 2011 All rights reserved.

PR: http://www.MassMedia77.com

Safe Harbor Statement

This report includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2010 and beyond could differ materially from the Company’s current expectations.

Forward-looking statements are identified by words such as “anticipates,” “projects,” “expects,” “plans,” “intends,” “believes,” “estimates,” “targets,” and other similar expressions that indicate trends and future events.

Factors that could cause the Company’s results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company’s products and services, the frequency, magnitude and timing of paper and other raw-material-price changes, general business and economic conditions beyond the Company’s control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, results of the MyC3 initiative and other cost-containment strategies, and the Company’s success in attracting and retaining key personnel. Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company’s filing with The Securities and Exchange Commission. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.

Analysts’ Compensation: Mass Media 77, Inc. who in part or in whole may be responsible for the preparation of this report may receive compensation based upon various factors, including the quality and accuracy of research, client feedback, competitive factors, and overall firm revenues, which include revenues from, among other business units, Institutional Equities and Investment Banking and restricted stock.

Information has been obtained from sources believed to be reliable but Mass Media 77, Inc or its affiliates and/or subsidiaries (collectively Mass Media 77, Inc.) do not warrant its completeness or accuracy. Opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The opinions and recommendations herein do not take into account individual client circumstances, objectives, or needs and are not intended as recommendations of particular securities, financial instruments or strategies to particular clients. The recipient of this report must make its own independent decisions regarding any securities or financial instruments mentioned herein. Periodic updates may be provided on companies/industries based on company specific developments or announcements, market conditions or any other publicly available information. Additional information may be available upon request.

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George Colin, CEO

Tony Anish
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