Senvest Capital Inc.
TSX : SEC

Senvest Capital Inc.

March 20, 2008 16:42 ET

Senvest Capital Reports Results for the Year Ended December 31, 2007

MONTREAL, QUEBEC--(Marketwire - March 20, 2008) - Senvest Capital Inc. (TSX:SEC) today reported revenues of $29,194,875 for fiscal 2007 versus $33,678,686 in 2006. Net earnings were $5,891,192 or $2.23 per share for the year ended December 31, 2007. This compares to net earnings of $10,978,180 or $4.16 per share for the same period in 2006.

Senvest Capital Inc. and it's subsidiaries have business activities in merchant banking, asset Management, real estate and electronic security.



CONSOLIDATED STATEMENT OF EARNINGS

For the year ended

December 31,2007 December 31, 2006
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REVENUES $29,194,875 $33,678,686

NET EARNINGS $5,891,192 $10,978,180

EARNINGS PER SHARE $2.23 $4.16

Average number of shares outstanding 2,647,354 2,640,392

Contact Information

  • Senvest Capital Inc.
    George Malikotsis
    Vice President Finance
    514-281-8082
    514-281-0166 (FAX)
    www.senvest.com