Royal Laser Corporation has reported its financial results for the third quarter ended December 31st 2009. The summarized financial results for the 3 and 9 months ended December 31st 2009 as compared to 3 and 9 months ended December 31st 2008 were:
| Item | Q3 09 | Q3 08 | Change |
| Revenues | 58,232,477 | 55,432,290 | 5.1% |
| Cost of sales | 57,413,548 | 44,885,020 | 27.9% |
| Gross margin | 818,929 | 10,547,270 | -92.2% |
| Adjusted EBITDA | -3,090,435 | 2,968,370 | -204.1% |
| Net earnings before taxes | -15,105,815 | -12,657,898 | 19.3% |
| Net earnings | -13,863,506 | -11,887,010 | 16.6% |
In USD
| Item | 9M 09 | 9M 08 | Change |
| Revenues | 176,511,949 | 34,146,357 | 416.9% |
| Cost of sales | 168,487,344 | 190,699,147 | -11.6% |
| Gross margin | 8,024,605 | 43,447,210 | -81.5% |
| Adjusted EBITDA | -89,367 | 23,699,163 | -100.4% |
| Net earnings before taxes | -16,561,821 | 2,522,548 | -756.6% |
| Net earnings | -14,424,249 | -1,548,251 | 831.6% |
In USD
Mr Beric Sykes CO & CEO of Royal Laser Corporation said that "In a very difficult environment, after taking into consideration unusual items, Royal Laser Corporation has succeeded in maintaining a very low cost base and strengthening its market share and customer base. We therefore start the year in a good position to benefit from the progressive, albeit slow, recovery that is underway. Although 2010 will continue to be challenging, we expect a gradual recovery as demand improves."
