Ridley Inc. is a Canada-based company. The Company manufactures and markets animal nutrition and health products and services to meat, milk and egg producers, and companion animal and equine owners throughout North America. It operates in three segments: Ridley Feed Operations (RFO), Ridley Nutrition Solutions (RNS) and Ridley Feed Ingredients (RFI). Its RFO segment consists of feed production facilities operating in the United States and Canada, producing and marketing products for the animal nutrition market. Its RNS segment consists of feed supplement blocks and equine nutrition products. The Company's RFI segment consists of vitamin and trace mineral premixes, small packaged specialty products, medicated and non-medicated feed additives and micro feed ingredients. On November 4, 2008, the Company sold of its 68.8% interest in Ridley Corporation Limited to Fairfax Financial Holdings Limited.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 30 June 2009, Ridley Inc.'s revenues decreased 5% to $603.4M. Net loss totaled C$1.3M vs.an income of C$6M. Revenues reflect a decrease in income from Ridley Feed Operations segment of the group. Net loss reflects an increase in amortization of property, plant and equipment, a rise in other amortization expenses, presence of goodwill impairment loss and a decrease in interest income.