Meta Pixel

News and Announcements

iSentric Reports Record Results in Financial Year 2016; Group Revenue Up 13.6%; Underlying EBITDA Up 44.0%

  • Published September 02, 2016 11:41AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

30th August 2016, ASX Announcement

iSentric Limited (ASX:ICU) is pleased to announce its results for the 12 month ended 30 June 2016 (FY16), a period that saw the Company expand into new markets and successfully launch a number of new digital media products.

FY16 financial highlights:

  • Group revenue up 13.6% to $9.8 million
  • Underlying EBITDA up 44.0% to $2.2 million
    • Beat guidance given to the market in April 2016
    • FY15 excludes listing costs and acquisition due diligence costs as well as a loss from discontinued operations
    • FY16 excludes potential acquisition due diligence costs
  • Net Profit after Tax $1.9 million up from a loss of $0.1 million in FY15
    • A strong performance from Arte Mobile Technology Pte. Ltd. in its first full year of contribution to the Group after being acquired in February 2015 with a gross profit contribution of $2.8 million. This includes a deferred tax asset of $0.4 million being recognised as well as an over provision on tax in prior reporting period of $0.1 million
  • Earnings per share in FY16 of 1.43 cents up from loss per share of (0.02) cents in FY15

To read the full announcement, please click on the button below.

To view the Final Report, please click on the button below.

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Company Updates
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation

For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]

Join over 45,000+ sophisticated investors

Join Now