Exhibit 99.1
For further Information, contact:
Ashley Ammon MacFarlane
Integrated Corporate Relations for TRM Corporation
Office: (203) 682-8208
TRM Corporation Announces Full Year and Fourth Quarter 2006 Financial Results
PORTLAND, Oregon, May 22, 2007 (PR Newswire) — TRM Corporation (NASDAQ: TRMM) today announced fourth quarter and full year 2006 financial results. The Company intends to file its Form 10-K no later than May 23, 2007, and, as previously announced, will host a conference call with investors at 5:00 p.m. EDT today.
Jeff Brotman, President and CEO of TRM Corporation, stated “TRM Corporation underwent substantial change in 2006 and we appreciate investors’ patience in our reporting process. Since June 2006, we have sold our U.K. photocopy business, our U.S. photocopy business, our Canadian ATM operations, our U.K. ATM operations and our German ATM operations. We have made progress in our restructuring efforts and have transferred our service organization to an independent provider, dramatically reduced the number of our employees and closed various locations. All of these efforts reflect our commitment to improve our cost structure and we expect to have a simpler and more efficient business model as a result of these actions. As of today, we are focusing on our core strength as a leader in the non-bank ATM industry in the U.S. and we are optimistic about our organic and strategic opportunities for the remainder of the year.”
Fourth Quarter 2006 Financial Results
    Gross sales from continuing operations were $24.9 million, compared to $29.8 million in the fourth quarter 2005.
 
    Gross profit from continuing operations was $3.2 million, compared to $4.0 million in the fourth quarter of 2005.
 
    Operating loss from continuing operations improved to $5.5 million from $12.8 million in the fourth quarter of 2005.
 
    Loss from continuing operations improved to $6.3 million from $9.3 million in the fourth quarter of 2005.
 
    Loss from discontinued operations was $9.0 million in the fourth quarter of 2006.
 
    Net loss (including both continuing and discontinued operations) was $15.2 million compared to $13.7 million in the fourth quarter of 2005.
Discontinued operations include our Canadian ATM, U.K. ATM, German ATM and U.S. photocopy businesses. The Company also recorded losses on asset retirements of $507,000 in the fourth quarter.

 


The following information was filed by Access To Money, Inc. (AEMI) on Tuesday, May 22, 2007 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Access To Money, Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Access To Money, Inc..

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account