Almonty Industries Inc. reported audited consolidated earnings results for the fourth quarter and year ended September 30, 2014. For the fourth quarter, the company reported gross revenue of CAD 8,451,000 against CAD 4,730,000 a year ago. Earnings before the undernoted items were CAD 1,110,000 against loss before the undernoted items of CAD 642,000 a year ago. Net income for the period was CAD 1,473,000 against CAD 2,029,000 a year ago. Basic and diluted income per share was CAD 0.03 against CAD 0.05 a year ago. Cash flows provided by operating activities was CAD 2,227,000 against cash flows used in operating activities of CAD 56,000 a year ago.

For the year, the company reported gross revenue of CAD 29,609,000 against CAD 18,341,000 a year ago. Earnings before the undernoted items were CAD 10,336,000 against CAD 4,155,000 a year ago. Earnings before taxes were CAD 9,983,000 against CAD 602,000 a year ago. Net income for the period was CAD 10,395,000 against CAD 2,442,000 a year ago. Basic and diluted income per share was CAD 0.24 against CAD 0.07 a year ago. Cash flows provided by operating activities were CAD 8,661,000 against CAD 378,000 a year ago.