XYMOGEN REPORTS RECORD ANNUAL REVENUES FOR FISCAL YEAR 2011
Q4-2011 Closing of $14.34 Million in Building and Equipment FinancingORLANDO, Fla. – Wednesday, February 22, 2012 – Orlando-based company XYMOGEN today reported financial results for its fiscal year ended Dec. 31, 2011. Fiscal Year 2011 Financial Highlights · XYMOGEN achieved revenue of $39.5 million compared to $32.6 million in fiscal year 2010. This represents a 21 percent year-over-year growth and exceeded the company’s target of 15 percent growth projected at the outset of the year. · Net income was $1.55 million for fiscal 2011, compared to $1.6 million for fiscal 2010.