News

Footmaxx revenues up 6.3%

25/04/2007

Canadian orthopaedic and diagnostic company Footmaxx Holdings Inc. has posted a 6.3% increase in revenues for 2006, which was achieved through expanding product lines and introducing new products as well as growing the existing orthotic business. As a result, revenue in 2006 reached $13.4 million, an increase of $795,813, or 6.3%, compared with the $12.6 million reported in 2005. Excluding the negative impact of the weak US dollar, revenues would have increased $1,268,909, or 10.1%.

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