News and Announcements
Bulletproof Delivers Record Growth: Revenues Up 69%; Full Year Presentation; Full Year Financial Report
- Published August 24, 2016 10:43AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
24th August 2016, ASX Announcement
SYDNEY, Australia – Bulletproof Group Ltd (ASX: BPF) is pleased to announce its results for the 12 months ended 30 June 2016 (FY16) that saw the Company deliver record growth in revenue and solid profit performance.
FY16 Results
- Full year revenues $47.2m, up 69% on FY15, 31% organic growth
- Underlying EBITDA $4.7m, up 13% on FY15
- Underlying EBIT $0.9m, up 2% on FY15
- Underlying NPAT $0.8m, up 51% on FY15
- Operating cash flow $5.1m, up 49% on FY15
Highlights
- Successful integration of professional services acquisition, providing strong revenue growth
- Completed acquisitions of Infoplex and Cloud House
- Successful deployment of Sell Anywhere product with major retailer
- Significant new blue chip customer wins, with over 750 customers now in the portfolio
Commenting on the FY16 results, Bulletproof Group’s CEO Anthony Woodward said:
“We are pleased to have been able to deliver another year of strong organic growth. When combined with our acquisitions, it has been a record year for overall revenue growth, which was up 69 per cent to $47.2 million, as a result. This reaffirms that our strategy is delivering responsible growth, product superiority and service excellence from a commanding, market-leading position.”
To view the full announcement, please click on the button below.
To view the Full Year Presentation, please click on the button below.
To view the Financial Report, please click on the button below.
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