Talon International, Inc. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2015
March 24, 2016 at 04:14 pm EDT
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Talon International, Inc. announced unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net sales of $11,764,908, income from operations of $630,219, income before provision for income taxes of $445,311, net income of $312,396 compared to the net sales of $10,270,427, loss from operations of $199,176, loss before provision for income taxes of $292,690, net loss of $316,757 for the same quarter a year ago.
For the year, the company reported net sales of $48,352,699, income from operations of $1,420,472, income before provision for income taxes of $772,988, net income of $511,327 or $0.01 per basic and diluted share compared to the net sales of $49,322,684, income from operations of $1,739,705, income before provision for income taxes of $1,328,435, net income of $572,069 or $0.01 per basic and diluted share for the previous year.
Talon International, Inc. is an apparel company, which specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. The Company acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name. Its products include Zippers, Trim, Packaging, Adjustec and Bonding. The Zippers products include metal, coil, vintage, plastic, KidZip, and others. The Trim products include paper trims, labels, hardware, heat transfer and others. Its Adjustec products provide shirts, pockets, pants and proprietary. Its Packaging product provides boxes, bags and specialties. The Bonding products include seam sealing tape, overlay, adhesives and flex-it.
TALON INTERNATIONAL, INC. 
