2014 Result

This is the first time the company has ever made a profit over the full FY. After a first half loss of 300K, a full year profit of 100K means the profit was $400K in the second half of the year.

This is the first report where the real potential of the company is starting to be realised. It’s been a long time coming. Year-after-year the annual results would show a loss - sometimes a disappointing one. The ability of the company to make a profit was often so near, but yet so far.

It’s not beyond a stretch of the imagination to say that next FY a $1M profit is within reach if MLA plays its cards right.

The company remains conservative and cautious with it’s commentary and outlook. Perhaps it’s as a result of over promising and under delivering in the past. However, it’s nice to see a report that surprises on the upside for once and is a welcome change. The future looks bright for MLA