Bogen Communications International, Inc. Annual Report: Year Ended December 31, 2011

March 20, 2012

Bogen Communications International, Inc. (OTCPink: BOGN.PK) reported net sales for the year ended December 31, 2011 increased 5% to $47.07 million compared to net sales of $44.82 million for 2010.

Net income for 2011 increased 131% to $2.18 million or $0.54 per share versus net income of $944 thousand or $0.23 per share in 2010.  Net income in 2011 benefited from higher net sales and better gross profit margins.

As of December 31, 2011, the balance sheet reflected current assets of $14.32 million, total assets of $34.95 million, current liabilities of $11.25 million and total liabilities of $16.78 million.  During 2011, stockholders’ equity increased 12.6% to $18.17 million.

Bogen Communications International, Inc. develops, manufactures, markets, and sells telecommunications peripherals, sound processing and audio amplification equipment, and voice messaging and related products and services to commercial, industrial, professional, educational and institutional customers worldwide.

Source: Bogen Communications International, Inc.


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