Avcorp Industries Inc. reported unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenue of CAD 19,815,000 against CAD 24,227,000 for the same period last year. Operating profit was CAD 24,177,000 against CAD 1,093,000 for the same period last year. EBITDA was CAD 26,633,000 against CAD 1,920,000 for the same period last year. Net income was CAD 23,206,000 or CAD 0.09 per diluted share against CAD 293,000 or CAD 0.00 per diluted share for the same period last year.

For the full year, EBITDA was CAD 29,035,000 against CAD 3,847,000 for the same period last year.

The company forecasts its 2013 revenues to maintain the levels achieved in 2011 and 2012. With the exception of capital expenditures required for new programs and information technology infrastructure upgrades, the company's investment in new equipment will be maintained at 2012 amounts.