03:38 PM EST - Alaris Royalty Corp. : announced its results for the three months ended March 31, 2011. The results are the Corporation's first prepared under International Financial Reporting Standards. Revenues for the three months ended March 31, 2011 were as expected at $5.6 million compared to $4.2 million in the prior-year period. The increase of 34% was due to the addition of two new private company partners, KMH Limited Partnership ("KMH") in May 2010 and Solowave Design Limited Partnership in December 2010. KMH added $220,000 and Solowave added $1.25 million of revenue in the quarter. For the quarter, the Corporation recorded net income of $2.8 million and EBITDA of $4.5 million compared to net income of $1.9 million and EBITDA of $3.2 million in the prior year period. Alaris Royalty Corp.
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