Jewelry retailer DGSE Companies' revenues up in Q3

14 Nov '05

3 min read

DGSE Companies Inc, operating as Dallas Gold & Silver Exchange Inc wholesales, retails and auctions fine watches, jewelry, diamonds and precious metal products and rare coins via traditional and Internet channels, announced operating results for the Fiscal Third Quarter and Nine-Months ending Sept 30, 2005.

Basic and diluted net income per share for Fiscal 2005 Third Quarter was $.02.

This compares to $.02 per share (after discontinued operations) in the equivalent quarter of 2004.

For the Nine-month period ending September 30, 2005 Basic and Diluted net income per share were to $.06.

This compares to $.08 per share (after discontinued operations) for the equivalent period in 2004.

-- Total Revenues for the Third Quarter of 2005 were $7,214,857. This represents a 14.3 percent increase over Fiscal 2004 Second Quarter Revenues of $6,307,613.

-- Total Revenues for the Nine-Month period were $20,733,079. This represents a 7.3 percent increase over the equivalent 2004 period of $19,323,971.

-- EBITDA (earnings before interest, taxes, depreciation and amortization) was $252,576 for the Third Quarter of in 2005 or $.05 per share.

EBITDA for the Nine-Month period ending September 30, 2005 was $835,932 or $.17 per share. Trailing Twelve Months EBITDA (before on-cash adjustments) increased to $918,999 or $.19 per share.

-- Shareholders' equity at the end of the Third Quarter of 2005 was $5,940,644 or $1.21 per share.

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