Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
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Stan Beer
Friday, 29 October 2004 19:19
Wealth management software group, IWL Limited (ASX: IWL) announced a strong performance in the first quarter of the current financial year, recording robust, double digit growth in both operating revenues and underlying earnings.
Performance as compared to the previous corresponding period included:
'¢ Operating revenues of $13.01 million, up $1.69 million or 15%;
'¢ Operating EBITDA of $3.63 million, up $0.89 million or 32%; and
'¢ Total advisory software licensees of 7,789, up 32% on previous corresponding period.
Subsequent to the quarter's end, IWL's broking solutions division was selected by the National Australia Bank as the preferred vendor to negotiate on terms and conditions to provide online broking solutions to National OnLine Trading, further extending the current contract beyond
October 2005.
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