Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v2.4.0.8
Segment Information (Tables)
9 Months Ended
Mar. 31, 2014
Segment Information Tables  
Schedule of segment reporting

Financial information for the Company’s business segments is as follows:

 

    For the nine months ended
March 31,
  For the three months ended
March 31,
    2014   2013   2014   2013
    (Unaudited)   (Unaudited)
                 
Revenues:                                
Commercial and industrial laundry, dry
cleaning equipment and boilers
  $ 24,674,874     $ 19,396,448     $ 6,493,607     $ 6,526,830  
License and franchise operations     203,262       143,069       55,886       53,864  
Total revenues   $ 24,878,136     $ 19,539,517     $ 6,549,493     $ 6,580,694  
Operating income (loss):
                               

Commercial and industrial laundry, dry
cleaning equipment and boilers
  $ 2,149,139     $ 1,084,744     $ 580,237     $ 480,982  
License and franchise operations     83,984       31,793       11,376       4,952  
Corporate     (280,587 )     (276,848 )     (87,276 )     (85,633 )
Total operating income   $ 1,952,536     $ 839,689     $ 504,337     $ 400,301  

 

    March 31, 2014   June 30, 2013
    (Unaudited)   (Audited)
Identifiable assets:                
Commercial and industrial laundry, dry cleaning equipment and boilers   $ 8,651,353     $ 10,204,113  
License and franchise operations     434,510       647,519  
Corporate     115,949       200,698  
Total assets   $ 9,201,812     $ 11,052,330