Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
read more
Stan Beer
Thursday, 16 March 2006 01:39
Air traffic and defence software specialist Adacel (ASX:ADA) has announced a profit and positive cash flow for the half year to 31 December 2005, after several years of restructuring and consolidation.
Adacel's EBITDA of $1.61 million compared with the EBITDA loss incurred in the previous corresponding period of $1.65 million was driven by the North American business units, according to the company. After tax profit profit was $1.48 million, up from the previous loss of $2.54 million, and revenue increased 24% to $25.42 million.
Managing director of Adacel, Silvio Salom, said that the group performance during the half year underlined Adacel’s continued strength in its core markets. The company has also successfully introduced new products and services by leveraging the core intellectual property into closely associated markets. The company will focus on completing the transition of group management responsibility to Mr Fred Sheldon, CEO
of the North American operations.
Loading comments ...
 |
Microsoft Office 365Try an easy-to-use set of web-enabled tools for business-class productivity services. Office 365 provides anywhere-access to email, important documents, contacts, and calendars on almost any device.  |
Latest Headlines from IT INDUSTRY
