Financial Highlights

As at 31 December 2016

  • Group revenue grew to US$22.4 million (2015: US$22.0 million)
    • Maintenance revenue grew 8% to US$8.2 million (2015: US$7.6 million)
    • Support revenues increased by 41% to US$3.4 million (2015: US$2.4 million)

  • Adjusted EBITDA* up 41% to US$5.7 million (2015: US$4.0 million)

  • Profit before tax (before exceptional items) more than doubled to US$2.7 million (2015: US$1.1 million)

  • Basic earnings per share US$10.0 cents (2015: US$2.3 cents)

  • Strong cash generation resulted in a net positive cash position at year end of US$0.1 million (31 December 2015: net debt $2.7m)


* Adjusted EBITDA represents operating profit before depreciation, amortisation, share based payments and exceptional items.

% Movements are based on unrounded data, rather than the rounded information presented in the annual report.


Financial Highlights Downloads

Consolidated Income Statement
Consolidated Statement of Cash Flows
Consolidated Statement of Financial Position


Annual Report 2016 PDF (3.24MB)