Exhibit 99.1
(ALLIED HELTHCARE LOGO)
Allied Healthcare International Inc. Reports
Fiscal 2011 Third Quarter Results
NEW YORK — August 4, 2011 —
Allied Healthcare International Inc. (NASDAQ: AHCI), a leading homecare provider of health and social care in the United Kingdom and Ireland, today issued financial results for its fiscal 2011 third quarter ended June 30, 2011.
To provide investors with a better understanding of the Company’s performance and because of fluctuations in foreign exchange rates, Allied is discussing its revenues, gross profit, selling, general & administrative (SG&A) expenses and operating income at constant exchange rates, which are calculated using the comparable prior period weighted average exchange rates. In addition, as the Company’s revenues and gross profit from its principal operations are denominated in pounds sterling but reported in United States dollars, an analysis is included of the last seven quarters’ revenues, gross profit, SG&A and operating income in pounds sterling to enable investors to fully understand the underlying trends over these periods without the effects of currency exchange rates. (See the Historical Revenues, Gross Profit, SG&A and Operating Income table at the end of this press release.)
Fiscal Third Quarter Results
                                                                 
    Three Months Ended June 30,     Three Months Ended June 30,  
                    %                                     %  
    2011     2010     Change     2011     %     2010     %     Change  
(Amounts in thousands)   Revenue     Gross Profit  
Homecare
  $ 62,188     $ 57,346       8.4 %   $ 19,133       30.8 %   $ 17,423       30.4 %     9.8 %
Nursing Homes
    2,552       4,051       -37.0 %     819       32.1 %     1,309       32.3 %     -37.4 %
Hospitals
    3,797       4,351       -12.7 %     1,004       26.4 %     1,036       23.8 %     -3.1 %
 
                                                   
Total, at constant exchange rates
    68,537       65,748       4.2 %     20,956       30.6 %     19,768       30.1 %     6.1 %
Effect of foreign exchange
    6,175             9.4 %     1,907                             9.6 %
 
                                                   
Total, as reported
  $ 74,712     $ 65,748       13.6 %   $ 22,863             $ 19,768               15.7 %
 
                                                   
                         
    SG&A  
SG&A, at constant exchange rates & excluding US Corporate Overhead Costs & Amortization
  $ 17,005     $ 15,849       7.3 %
SG&A — US Corporate Overhead Costs
    701       1,000       -29.9 %
SG&A — Amortization, at constant exchange rates
    164       327       -49.8 %
 
                 
SG&A, at constant exchange rates
    17,870       17,176       4.0 %
Effect of foreign exchange
    1,562             9.1 %
 
                 
Total SG&A, as reported
  $ 19,432     $ 17,176       13.1 %
 
                 
                         
    Operating Income  
Operating income, at constant exchange rates & excluding US Corporate Overhead Costs & Amortization
  $ 3,951     $ 3,919       0.8 %
Operating income — US Corporate Overhead Costs
    (701 )     (1,000 )     29.9 %
Operating income — amortization, at constant exchange rates
    (164 )     (327 )     49.8 %
 
                 
Operating income, at constant exchange rates
    3,086       2,592       19.1 %
Effect of foreign exchange
    345             13.3 %
 
                 
Operating income, as reported
  $ 3,431     $ 2,592       32.4 %
 
                 
                                 
    Net Income Attributable to Allied  
            Basic and             Basic and  
            Diluted             Diluted  
          EPS           EPS  
Net income attributable to Allied
  $ 2,195     $ 0.05     $ 1,660     $ 0.04  
 
                       

 

1


The following information was filed by Allied Healthcare International Inc (AHCI) on Thursday, August 4, 2011 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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