News

Bonal International Reports Profitable Second Quarter for Fiscal Year 2022

Bonal International Reports Profitable Second Quarter for Fiscal Year 2022

Royal Oak, Mich., November 11, 2021 – Bonal International, Inc., (OTC: BONL) announced revenue results of $553,355 for the second quarter ended September 30, 2021, which was up 48.4 percent over the last year’s second quarter and up 34.6 percent over the this year’s first quarter.  Net income for the second quarter was $76,638, up from last year’s second quarter of $63,799 and up from this year’s first quarter’s net income of $36,335.  Earnings per share for the second quarter was $0.04 per share, same as last year’s second quarter earnings.

“The quarter was led by sales of our state-of-the-art system.” said Thomas E. Hebel, chairman.  “During the quarter our model 2800 fully automatic system accounted for an impressive 80 percent of sales based on volume, up 27 percent from last year’s average. Our customers clearly value the industry-leading convenience, accuracy, and the efficiency that are exclusive to our fully automatic stress relief system.

Year-to-date revenue was $964,471, up 47.4 percent from last fiscal year’s first six-month period.  Net income for the six months was $112,973, up from last year’s $55,526 net income over the same period.  Earnings per share was $0.06 compared to $0.03 per share over the same period last year.

Three Months Ended September 30,

 

2021

2020

Revenue

$553,355

$372,869

Net Income

$76,638

$63,799

Earnings Per Share

$0.04

$0.04

 

 Six Months Ended September 30,

 

2021

2021

Revenue

$964,471

$654,106

Net Income

$112,973

$55,526

Earnings Per Share

$0.06

$0.03

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 three series of models within the Meta-Lax® product line, manual, semi-automatic, and fully automatic, which are sold in the United States and in more than 64 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.

How Vibratory Weld Conditioning Mitigates Distortion

Imagine a welder completes one side of a large workpiece, then flips the thing over and welds the other side, then flips it back to continue welding. A nonwelder looking on might think the welder’s just creating work for himself. But he...

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.
Good (weld) Vibrations
How Vibratory Weld Conditioning
Mitigates Distortion
With weld conditioning the welder might be able to weld consistently from one end of the part to the other-no flipping,…
Read More
855-921-1017