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Bonal International Reports Profitable First Quarter Result Fiscal Year 2025


Bonal International Reports Profitable First Quarter Results for Fiscal Year 2025

Royal Oak, Mich., August 15, 2024---Bonal International, Inc. announced a decline in revenue for the first quarter of fiscal year 2025. Revenue decreased 7.7 percent to $374,479 from $405,518, last year's first quarter. Despite the decline in revenue, first quarter net income increased to $8,311 compared to a net loss of $19,792 last year. Earnings per share was $0.00, compared to ($0.01) last year.

"This quarter completes the first full year under the direction of Bonal's new president and CEO, Torsten Warnatsch," said Thomas E. Hebel, Chairman. "Looking back over the year, Warnatsch implemented several important long-term policies to maximize future corporate growth. One of those new policies was the expansion of Bonal's sales representation. In the previous fiscal year, Warnatsch focused on domestic representation by signing four United States-based agents. During the quarter, Bonal's focus switched to international representation and Warnatsch signed our first international agent in England."

First Quarter Ending June 30,

2024 2023

Revenue $374,479 $405,518

Net Income $8,311 ($19,792)

Net Earnings Per Share $0.00 ($0.01)

Bonal International, Inc., through its wholly owned subsidiary, Bonal Technologies, Inc., is the patent holder and world's provider of sub-harmonic vibratory stress relief and weld conditioning technology and equipment. Bonal offers a Meta-Lax stress relief product line which has 15 models. Meta-Lax equipment is sold in the United States and in more than 65 countries. Headquartered in Royal Oak, Mich., Bonal serves the aerospace, automotive, defense, die-casting, machine tool building, mining, mold-making, petroleum, racing, shipbuilding, and welding industries. Bonal's Meta-Lax technology is used to eliminate thermal stress in metal parts, thereby preventing distortion and cracking, at a fraction of the time, cost and energy consumption of competing technologies. For more information visit www.Bonal.com or call 1-800-Meta-Lax.

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Bonal International Reports 4th Quarter and Year-end Results

Royal Oak, Mich., Bonal International, Inc. (OTC: BONL) announced a loss for the fiscal year amid the impact from the coronavirus. This was the first annual loss in 16 fiscal years. Before the pandemic hit, Bonal issued a dividend, the twenty-third dividend in the last fifteen fiscal years.

Bonal International Reports Third Quarter Results for Fiscal Year 2020

Bonal International, Inc., (OTC: BONL) announced revenue results of $419,834 for the third quarter which ended December 31, 2019. This was a 23.0 percent increase from last year’s third quarter. Net income for the third quarter was a $5,965, up from last year’s third quarter’s net income of a loss of $4,879.

Bonal International Reports Profitable Second Quarter for Fiscal Year 2020

Royal Oak, Mich., November 18, 2019 – Bonal International, Inc., (OTC: BONL) announced revenue results of $388,081 for the second quarter which ended September 30, 2019. This was a 4.9 percent decrease over the first quarter and down 12.7 percent from last year’s second quarter. Net income for the second quarter was $20,545, up from last quarter’s $2,942, but down from last year’s second quarter’s net income of $23,807. Earnings per share for the second quarter were $0.01 per share which was the same as last year’s second quarter earnings.
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