Liberator Medical Holdings (LBMH.OB) Posts FY and Q4 Financials, Reflecting Growth and Resilience
Liberator Medical Holdings Inc. operates through its subsidiary Liberator Medical Supply Inc. as a branded, national direct-to-consumer provider of medical supplies to Medicare-eligible seniors. The company today posted its fiscal year and fourth-quarter financial results 2010. Liberator posted net revenues for fiscal year 2010 at $40,919,000, an increase of 58.5 percent compared with fiscal year 2009. The company attributes the increase in sales primarily to its continued emphasis on its direct response advertising campaign, which cost the company $10,808,000 for 2010, a 157.9 percent increase compared to fiscal year 2009 campaign expenditures. For the fourth fiscal quarter the company reported…