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.
Hostworks Group has reported an increase in revenue of 17 percent to $9.2m for six months to 31 December 2005, compared to the previous corresponding period and says the value of contracts signed in the first half are up by 110 percent to $14.2m.
EBITDA for the half year was $1.9m, in line with the previous corresponding period. After tax profit was $141,573. The company said that its decision to expand its sales team to accelerate growth and support the expanding sales pipeline, as well as front-end investments to support major new contracts, had impacted EBITDA.
The company signed contracts during the half year with a number of new clients including SEEK Ltd, News Interactive and Sensis MediaSmart and extended or signed new contracts with existing clients including Compass Group, AHL, a financial institution and Endemol Southern Star, producer of the Big Brother television series, for the specialist management of their critical applications.
Collectively, clients using the Hostworks ad-serving solution are contracted to serve more than 3.5 billion ads per month, which Hostworks says represents a major portion of the Australian online advertising sector.
David Bass
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