StockGuru Blog: Avatar Systems Inc. Hotter than a Laredo Parking Lot – Four Year High in EBITDA for Avatar Systems and Increased Revenue
AVSY — Avatar Systems, Inc. announced for its quarter ended March 31, 2006 was $150,004, a 39% increase over the year earlier same quarter when Avatar Systems generated $107,807 in EBITDA. Avatar Systems has generated nineteen consecutive quarters of positive EBITDA. EBITDA for the most recent quarter also reached a four year high. For Avatar Systems’ twelve months ended March 31, 2006 EBITDA was $922,534, compared with $871,161, a 5.9% increase over the comparable year earlier twelve months. EBITDA for the most recent twelve months also reached a three year high. EBITDA (Earnings Before Interest Taxes Depreciation and Amortization) is…