For
the first half of fiscal 2006, net income rose 52% to $19.45 in the corresponding period in fiscal 2005
.4 billion,
compared with $107.
The words "should," "believe," "estimate," "expect," "intend
,"
"anticipate," "foresee," "plan" and similar expressions and variations thereof
identify certain
of such forward- looking statements, which speak only as of
the dates on which they were made.com
boasts a plethora of unique
and hard-to-find items from vintage toys to collectible tins and from
Superman
Comics to hand-carved African trinkets. There can be no
assurance that such statements
will prove to be accurate and actual results
and future events could differ materially from those
anticipated in such
statements.
collectibles autograph
In calculating
earnings per share, the diluted weighted average
common shares outstanding for
the second quarter of fiscal 2006 was 28,963,000 compared with 28,760
,000 for
the corresponding quarter of fiscal 2005.4 million in
fiscal 2006 compared with $12.1
million for the comparable period
in fiscal 2005.m. EST Thursday, February 9,
2006. The reservation
number for the conference call is
11051403.
SAFE HARBOR STATEMENT
Statements in
this press release that relate to future plans, objectives,
expectations, performance, events and
the like are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act
of 1995 and the Securities Exchange Act of 1934. Escala Group undertakes no obligation
to
publicly update or revise any forward-looking statements. Lauderdale, the company will be pressing
on to
advertise its name and products to the local community.
Contact Information:
( OTCBB: ZLDV )
Zaldiva(TM), Inc.vinyl posters
There are
several opportunities to
sell these collectibles and get Zaldiva's name out,
this is one of them.
This is just another
way to provide Zaldiva with great exposure to a bevy
of potential new and return customers.radios buttons
(Nasdaq:
ESCL) today announced financial results for the fiscal 2006 second
quarter and six months ended December
31, 2005.1 million, or $0. The second quarter continued to
receive the benefit of the Company's
strategic acquisition of A-Mark Precious
Metals, and we are seeing solid demand in our core businesses
of stamps and
coins. Harmer. Factors
that may cause such differences include changes in market
conditions, changes
in economic environment, competitive factors and the other factors discussed
in the "forward-looking information" or "risk factors" sections included in
Escala Group's filings
with the Securities and Exchange Commission, including
Escala Group's Annual Report on Form 10-K
, Quarterly Reports on Form 10-Q,
prospectuses and other documents that Escala Group has filed with
the
Commission.roll dolls
Escala Group Inc. Announces Fiscal Year 2006 Second Quarter and First-half Earnings
35 per diluted
share, compared with net income of $7. Aggregate sales, which include inventory
sales plus consignment sales and commission income, were $894.buy memorabilia
A.
The trading activities of
Escala Group are conducted through A-Mark
Precious Metals, one of the largest private sellers of
bullion coins and
bullion gold, silver and platinum to the wholesale marketplace.67 $0.ZaldivaComics
. All statements, other than statements
of fact, included in this release, including, without limitation
, statements
regarding potential future plans and objectives of the Company, are forward-
looking
statements that involve risks and uncertainties.rare centuries
1 million for the second quarter of fiscal 2006, versus
$58.0 million in fiscal 2005.8
million for the three months ended December 31, 2005, from $58.
Jose Miguel Herrero, President and Chief Executive Officer commented, "We
are pleased with Escala
's strong financial performance which is due to both
acquisitions as well as organic growth.
The Mango Festival is a festival held in the City of Deerfield Beach,
Florida. It is a weekend
full of food,
fun and entertainment, R+B, Gospel, Caribbean etc.buttons posters
9 million for
the same period
in fiscal 2005. Aggregate sales from auction operations increased 33% to $54.escalagroup.rare antiquarians
8 million
for the same period in fiscal 2005.
Total revenues, which include inventory sales plus commission
income, were
$877.5 billion in fiscal 2006, versus
$136. The increase in gross profit is largely
attributable to
related-party sales to Afinsa., Sunday June 19. Zaldiva.vinyl thousands
Net income for the
second quarter was $10.
Escala Group is a global federation of leading companies in the
collectibles
market with operations in North America, Europe and Asia as well
as on the Internet.L. As Zaldiva
continues to work on their
new retail building in Ft.acme 20th
Diluted earnings per share grew 49% to
$0. This relationship demonstrates the power of our group
network -- a diverse collectibles product
offer that can be deployed in the
appropriate market for the collector.16th rare
These figures reflect an
increase of
32.0% in net income and 30% in diluted earnings per share. The company operates through
a number of subsidiaries that
specialize in various sectors of the collectibles markets, and is comprised
of
three business areas: auctions, merchant/dealer operations and trading. Future events, risks and
uncertainties, individually or in the aggregate, could cause actual results to
differ materially
from those expressed or implied in these statements.com also offers pre-orders,
free e-mail accounts
, a newsletter subscription service, stock quotes and
financial news, weather reports, movie listings
and show times, and online
auctions.rare antiquarians
The call can also be accessed via the Internet live or as a
replay. Additionally, any statements related to
future improved performance and estimates of revenues
and earnings per share
are forward-looking statements. Recent movies such as "Star Wars" and "Batman
" among
others have given Zaldiva a boost in sales and exposure.com
Certain statements
in this news release may contain forward-looking
information within the meaning of Rule 175 under
the Securities Act of 1933
and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject
to
the safe harbor created by those rules.collectibles merchandise
The conference call will be archived for replay
on the above website for 5
days following the call. of Madrid, which act as exclusive
suppliers
of collectibles -- primarily stamps and coins -- on a worldwide
basis to Afinsa Bienes Tangibles
, S. FORT LAUDERDALE, Fla. Zaldiva.dealers boxes
Total revenues in the first half of fiscal 2006 were $1
. The gross profit percentage for the second
quarter of fiscal 2006 increased to 36% versus 33% for
the second quarter of
2005.R. This event is truly one
for all to enjoy, displaying diversity and
community involvement, bringing
thousands of people together from all over the world.
877-ZALDIVA (925-3482)
http://www.acme posters
Readers are
cautioned not to place undue reliance
on these forward-looking statements.28 $0. The Mango Festival got its name from a local women's group
called the
Women's Reachout Organization and a very prominent school teacher/City
Commissioner
, Carl Nixon.
Zaldiva offers a variety of unique new and vintage collectible items
including
, but not limited to, comic books, pop-culture statues, ornaments,
DVDs, posters, dolls, action figures
, t-shirts, magazine and comic
subscriptions and sports memorabilia.vinyl sheet
In Collectibles, Escala
recorded a 20% increase in revenues to $70. US participants should dial 800-257-6607, and international
participants
should dial +303-205-0066.45
EBITDA Reconciliation Schedule
Net
Income: $10,102 $7,655 $19,428 $12,789
Plus:
Interest
expense 459 237 798 524
Provision for income taxes
5,921 4,781 11,641 8,714
Depreciation 556
281 964 557
EBITDA 17,038 12,954 32,831 22
,584
roll antiquarians
Gross profit in the second quarter of fiscal 2006 increased $7. In Asia, Escala
's auctions operations are
conducted through John Bull Stamp Auctions, Ltd, the oldest philatelic
auction
house in Hong Kong.S.35 $0. Proceeds from the festival
are used for community and scholarship
opportunities.buttons phonographs
27 per diluted share,
for the second quarter of fiscal 2005.8 million for the same
quarterly fiscal comparisons. Herrero
continued, "Escala achieved one of its stated goals of expanding
into arts and
antiques in the second quarter by completing the acquisition of Greg Martin
Auctions
, the specialty arms, military and Western memorabilia auction house
based in San Francisco, on October
14, 2005."
Management will conduct a conference call to discuss second-quarter and
six-months
fiscal 2006 earnings results at 9:00 a. Afinsa is Escala Group's majority shareholder.antiques 16th
5 million,
versus
$70.0 million during the first half of fiscal 2005.
Condensed Consolidated Statements
of Earnings
For the Three and Six Months Ended December 31, 2005
(thousands except per share data)
(Unaudited)
Three Months ended Six Months ended
December 31, December 31,
2005 2004 2005 2004
Aggregate Sales $894,518 $70,765
$1,471,176 $136,007
Operating revenues
Sales -- trading $806,237
$- $1,300,539 $-
Sales of inventory 21,298 28,012 41,653
50,982
Sales of inventory --
related party 45,580 27,499
85,715 49,117
Commissions earned 3,936 3,429 8,140 6,931
Total revenues 877,051 58,940 1,436,047 107,030
Cost of
merchandise sold
Cost of sales -- trading 804,356 - 1,297,453 -
Cost of merchandise sold 18,920 26,639 36,572 47,427
Cost of merchandise
sold --
related party 26,445 12,860 47,269 23,000
Gross profit 27,330 19,441 54,753 36,603
Operating expenses
General and administrative 5,739 2,439 11,950 6,097
Salaries
and wages 4,178 3,152 8,895 6,468
Depreciation and amortization
556 281 964 557
Marketing 862 917
1,839 1,716
Total operating expenses 11,335 6,789 23,648 14,838
Operating income 15,995 12,652 31,105 21,765
Other income
(expense)
Interest income 570 132 898 394
Interest expense (459) (237) (798) (524)
Other
(4) (111) (41) (132)
Earnings before income taxes 16
,102 12,436 31,164 21,503
Provision for income taxes 5,921 4,781
11,641 8,714
Minority interest -- related party 79 - 95 -
Net income $10,102 $7,655 $19,428 $12,789
EBITDA
$17,038 $12,954 $32,831 $22,584
Three Months ended Six Months ended
December
31, December 31,
Earnings per Share Schedule 2005 2004 2005 2004
Net Income $10,102 $7,655 $19,428 $12,789
Basic Earnings
per Share
Weighted average shares outstanding 27,778 27,389 27,736 27,363
Basic earnings per share $0.Zaldiva Sets Up for the Mango Festival Inc.
merchandise buttons
7 million, or $0. Aggregate
sales for the same period increased to $1.3 million, from $19.com.36
$0. They thought that the community needed some way of
enjoying themselves and also helping themselves
(by all proceeds being
forwarded back through community involvement and helping high school students
with funds to get off to college), thus 20 years of growing has turned into
one of the biggest
events held in South Florida.sheet thousands
9 million for
the same quarter in fiscal 2005. Greg Martin Auctions
conducted a
successful arms and Native American auction in the second quarter, and they
will be
holding a key auction of the Howard Collection on the East Coast in
the fourth quarter. In particular
, any statement related to Escala Group's expected
revenues or earnings or Escala Group's being well
positioned for future
profitability and growth are forward-looking statements.
(CCBN-ESCL
)
- Financial Tables Follow -
ESCALA GROUP, INC.27 $0.toy antiquarians
of Madrid, Spain, and through Spectrum
Numismatics International
, one of the largest wholesalers of rare coins in the
U.memorabilia antiques
NEW YORK, Escala Group, Inc.67 in the
first half of fiscal 2006,
versus $0.
"As we continue to build on our aggregation strategy
," Mr.
Escala Group's North American operations include Greg Manning Auctions
division, Ivy
+ Manning Philatelic Auctions, Greg Manning Galleries, Greg
Martin Auctions, Spectrum Numismatics
, Teletrade, Nutmeg Stamp Sales, Superior
Sports Auctions, Bowers and Merena Auctions, and Kingswood
Coin Auctions, and
H.
Merchant/dealer activities are conducted through Greg Manning Auctions
and
Central de Compras Coleccionables, S.acme roll
The growth in total revenues for the second
quarter
and the first half of fiscal 2006 is largely due to the acquisition of
A-Mark Precious Metals completed
on July 15, 2005.9 million,
or 41%, to $27.4 million for the comparable period in
fiscal 2005
.6 million
for the first half of fiscal 2006 from $41.
Investors may access the webcast through
the Investor Relations section of
Escala Group's corporate website at http://www.
About
Escala Group, Inc. In Europe, the leading auction houses affiliated with the network
are Auctentia
Subastas (Afinsa Auctions) of Madrid, Spain, Corinphila
Auktionen of Zurich, Switzerland, and the
Koehler group of auction companies
of Berlin and Wiesbaden, Germany.70 $0.47
Diluted
Earnings per Share
Weighted average shares outstanding 28,963 28,760 28,877 28,695
Diluted earnings per share $0.
Zaldiva will continue to advertise to the
general public since the
audience for Zaldiva's products is vast and spreads worldwide.lubrano memorabilia
A community sponsored library.
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