2011 Highlights
Total Revenue
Gross Profit
Operating Expenses
Net Loss
• Delivered four new products to Terminix, the largest professional pest control
company in North America
• Relocated corporate headquarters from Melbourne, FL to Morrisville, NC and
brought technology platform in-house from Vanderbilt University
• Received registration approvals for our aerosol insecticides in Germany and
France and are pending approval in the UK
• Initiated development of repellency technology to address a wide range of
consumer needs in personal care and animal health
• Initiated development of a natural solution for head lice
• Increased by 56% to U.S. $7.2 million
(2010: U.S. $4.6 million)
• Increased by 252% to U.S. $4.7 million
(2010: U.S. $1.3 million)
• Reduced by 2% to U.S. $7.2 million
(2010: U.S. $7.4 million)
• Before and after tax reduced to U.S. $2.7 million
(2010: U.S. $6.1 million)
TYRATECH, INC. • ANNUAL REPORT 2011 • PAGE 1
TyraTech, Inc.
Corporate Headquarters
Morrisville, NC