Thursday, May 26, 2016

The 4 New Mexico Publicly-Held Companies Generated 2015 Total Audited US GAAP Earnings Which Were 77% Below That In 2014, 74% Below 2013, 75% Below 2012 and 84% Below 2011 ..... Capitalism Doesn't Work When Company Earnings Drop So Precipitously ..... The Republican and Democratic Establishments Are Doing Nothing To Help the New Mexico Economy and Its Middle and Lower Economic Classes of People, Who Are Really Hurting

From a review of US Company SEC filings, below here are the reported US GAAP Audited Earnings (Losses) From Continuing Operations for the most recent Annual Fiscal Year End (FYE) 2015 and also for 2011 through 2014 for each of the 4 Publicly-Held New Mexico HQed Companies which have filed their 2015 financial statements with the SEC:




 Annual   Annual   Annual   Annual   Annual 




2015 2014 2013 2012 2011




Net Net Net Net Net


Most Income Income Income Income Income
City State Recent (Loss) (Loss) (Loss) (Loss) (Loss)
New Mexico Publicly-Held Companies HQs HQs FYE  $ mils  $ mils  $ mils  $ mils  $ mils









PNM Resources Albuquerque NM Dec 15         31.1       130.9       115.6       120.1       190.9
Alamogordo Financial Alamogordo NM Dec 15           0.3           0.3         (1.2)         (0.1)         (3.4)
Net Medical Xpress Solutions Albuquerque NM Dec 15           0.2         (0.5)           0.0           0.0         (0.2)
Sigma Labs Santa Fe NM Dec 15         (1.7)         (3.1)         (0.7)         (0.7)         (0.9)









Total all 4


        29.9       127.6       113.7       119.3       186.4









2015 Total Earnings % Below:







………. 2014


-77%



………. 2013


-74%



………. 2012


-75%



………. 2011


-84%