Exhibit 99.1
Allied Healthcare International Inc. Reports Fiscal 2008
Fourth Quarter and Year-End Results
                 
(In millions, except EPS)   Fourth Quarter   Twelve Months
Revenues
  $ 75.0     $ 298.6  
Gross Profit
  $ 22.9     $ 90.4  
Gross Margin %
    30.6 %     30.3 %
Operating Income
  $ 4.3     $ 12.7  
Diluted EPS, Continuing operations
  $ 0.06     $ 0.19  
NEW YORK – November 25, 2008 — Allied Healthcare International Inc. (Nasdaq: AHCI; AIM: AHI,
http://www.alliedhealthcare.com), a leading provider of flexible healthcare staffing services in the United Kingdom, announces the financial results of its fiscal 2008 fourth quarter and year-end.
To provide investors with an increased understanding of the Company’s staffing business, as in previous quarters, Allied is providing a breakdown of its revenues and gross profits at constant exchange rates. In addition, as the Company’s revenues and gross profits are generated in the United Kingdom, an analysis is included, within Management Discussion below, of the last four quarters revenues and gross profits in pounds sterling to enable investors to fully understand the underlying trends over this period without the effects of currency exchange rates.
Fiscal Fourth Quarter Results:
                                                                                 
    Quarter Ended September 30, 2008     Quarter Ended September 30, 2007  
                                    Gross                                     Gross  
                    Gross             Margin                     Gross             Margin  
(Amounts in thousands)   Revenue     %     Margin     %     %     Revenue     %     Margin     %     %  
         
Homecare
  $ 60,974       76.6 %   $ 19,059       78.4 %     31.3 %   $ 52,570       71.8 %   $ 17,288       76.2 %     32.9 %
Nursing Homes
    10,402       13.0 %     3,145       12.9 %     30.2 %     11,431       15.6 %     3,278       14.4 %     28.7 %
Hospital Staffing
    8,260       10.4 %     2,115       8.7 %     25.6 %     9,227       12.6 %     2,130       9.4 %     23.1 %
 
                                                                       
 
    79,636               24,319               30.5 %     73,228               22,696               31.0 %
Effect of foreign exchange
    (4,668 )             (1,408 )                                                    
 
                                                                       
Total
  $ 74,968             $ 22,911                     $ 73,228             $ 22,696                  
 
                                                                       
 
SG&A
                  $ 19,750                                     $ 19,707                  
Effect of foreign exchange
                    (1,180 )                                                      
 
                                                                           
Total SG&A
                  $ 18,570                                     $ 19,707                  
 
                                                                           
 
Operating Income
                  $ 4,341                                     $ 2,989                  
 
                                                                           
For the fourth quarter of fiscal 2008, at constant exchange rates, revenues increased by $6.4 million, or 8.8%, to $79.6 million, compared with $73.2 million reported during the same period in fiscal 2007. Contributing to the increase in revenues was Allied’s Homecare

 


The following information was filed by Allied Healthcare International Inc (AHCI) on Tuesday, November 25, 2008 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.

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