Lynnfield, Mass. (February 17, 2010) – Investors Capital Holdings, Ltd. (NYSE Amex: ICH), a financial services holding company, posted net income of $0.43 million for its third fiscal quarter ended December 31, 2009 (“the quarter”) versus a net loss of $0.61 million for the comparative quarter ended December 31, 2008 (“prior period”). The firm has now achieved three successive profitable quarters.

Continuous focus on strategically reducing operating expenses as well as market-driven increases in trading were major factors in Investors Capital’s recent trend in profitability and revenue growth. An improved stock market added to the growth of the firm’s advisory segment’s asset values, contributing to positive growth.

“Our recent string of earnings successes have come from steadfast focus on our long-term vision and goals, including recruitment of high-producing, profitable advisors, coupled with aggressive short-term strategic execution,” said Timothy B. Murphy, President and Chief Executive Officer of Investors Capital Holdings, Ltd. “While a portion is attributed to market-related increases in trading activity and asset values, our overall growth and success as a company has been and will continue to be driven by our concentration on maximizing revenues, how we commit those revenues, and doing what we do best: providing premier service to our advisors every day.”

Total revenues rose 14.7% to $21.1 million for the quarter, from $18.4 million in the prior period. Commission revenues, which accounted for 81.6% of total revenues, increased to $17.2 million for the quarter, up 14.5% from $15.0 million for the prior period. Advisory fee revenue, which made up 15.0% of total revenues, grew 17.8% to $3.2 million for the quarter, compared to $2.7 million for the prior period. Gross profit rose to $4.2 million, a 4.7% increase over $4.0 million for the prior period.

The firm decreased its total operating expenses 28.0% to $3.5 million for the quarter from $4.8 million in the prior period, posting operating income of $0.72 million for the quarter versus an operating loss of $0.81 million for the prior period.

Adjusted EBITDA is a key metric utilized by the firm in evaluating its financial performance . For the third quarter, adjusted EBITDA was $0.86 million compared to a loss of $0.51 million for the prior period. About Investors Capital Holdings, Ltd.:
Investors Capital Holdings, Ltd. (AMEX:ICH) of Lynnfield, Massachusetts is a diversified financial services holding company that operates primarily through its independent broker/dealer and investment advisor subsidiary, Investors Capital Corporation.

Our mission is to provide premier, concierge-level service and support to our valued registered representatives, including advisory programs, strategic practice management and marketing services, and technology, to help them grow their businesses and exceed their clients’ expectations.

Business units include Investors Capital Corporation, Investors Capital Advisory Services, ICC Insurance Agency, Inc., and Investors Capital Holdings Securities Corporation. For more information, please call (800) 949-1422 x4814 or visit www.investorscapital.com.