SecureAlert (SCRA) Posts 2011 Record Revenue and Trimmed Net Loss
SecureAlert Inc., a national leader in offender intervention and tracking technologies for law enforcement agencies worldwide, today posted record revenues for the fiscal year ended September 30, 2011. SecureAlert reported 2011 annual revenues of $17.96 million, a 44 percent increase compared to $12.45 million reported for fiscal 2010. The company attributes the increase to its aggressive and successful expansion into global markets, which generated significant growth of monitoring revenues and related services. Domestic revenues increased 17 percent over the previous year. The company also reported gross profit at 44 percent for fiscal 2011, an increase over gross profit of 39…