ALRT — ALR Technologies, Inc. — Stock Guru Profile ALR Technologies Inc. (ALRT – OTCBB)
ALR Technologies Supports Healtcare Industry with Cost Effective System and Generates Ongoing Revenue
ALR Technologies reached negative Free Cash Flow for its quarter ended June 30, 2006 was $(61,411), a 80% improvement over the year earlier same quarter when ALR Technologies generated $(307,273) in negative Free Cash Flow.
ALR Technologies has generated three consecutive quarters of negative Free Cash Flow. Free Cash Flow for the most recent quarter also reached a five year high. For ALR Technologies’ twelve months ended June 30, 2006 Free Cash Flow was $(257,256), compared with $(726,290), a 65% improvement over the comparable year earlier twelve months.
Free Cash Flow for the most recent twelve months also reached a six year high. Free cash flow is defined as cash flow from operations or operating cash flow plus or minus capital expenditures.
Stay tuned for more on this company as we look at the recurring and regenerative revenue stream provided by this system.
Source: ALR Technologies and CashFlowNews.com
Safe Harbor and Forward Looking Statement:Certain statements set forth in this article constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements, including the Company’s ability to obtain sufficient financing to fund both its internal growth opportunities and acquisition strategy. More information about the potential risks and factors that could affect the Company’s business and financial results is included in the Company’s filings, available via the United States Securities and Exchange Commission at http://www.sec.gov/.
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