Callinan is a financially strong and debt-free company. It holds approximately $29 million in cash and a modest amount of selected equities. Free cash flow is expected to be high as ongoing capital expenses will remain modest but sufficient to fund growth.
Financial Highlights
| 2011 | 2010 | 2009 | |
| Operating Summary | |||
| Revenue | $ 29,839,219 | $ 16,591,701 | $ 12,835,880 |
| Operating Income | 24,404,944 | 10,968,932 | 6,134,043 |
| Net Earnings | 18,977,388 | 8,465,076 | 4,378,859 |
| Net Earnings % | 64% | 51% | 34% |
| Financial Position | |||
| Available cash | $ 30,269,465 | $ 13,483,189 | $ 6,836,145 |
| Total assets | 68,860,612 | 39,794,467 | 27,517,167 |
| Shareholders’ equity | 59,885,873 | 34,788,861 | 24,700,246 |
| Per Share | |||
| Basic | |||
| Average number of voting shares outstanding | 46,935,233 | 45,336,795 | 44,032,578 |
| Net income per share | $ 0.40 | $ 0.19 | $ 0.10 |
| Diluted | |||
| Average number of shares outstanding | 48,060,366 | 45,971,272 | 44,424,937 |
| Net income per share | $ 0.39 | $ 0.18 | $ 0.10 |