$6.5 million revenue $325k NPAT ($215k from R & D refund so can make it $110k) Debt $3.9 million $450k cash
Obviously its the debt that is keeping it so cheap, but their lenders are more than happy with operations.
Integrated media solutions, online content, online job boards.
The consolidated profit after income tax attributable to the members of the consolidated entity was $325,208 (2012: loss $8,592,118).
EBITDA from continuing operations of $1 million, with successful performance across all business areas.
The major development in the online business was the launch of a new jobs board platform.
The new platform is designed to accelerate growth, by increasing traffic to the websites, increasing connectivity with advertisers and allowing CommStrat to launch partnerships with other job board publishers.
Government Technology Review was the best performing title, with a greater linkage with IT events helping to drive 17% revenue growth.
This upturn in performance enabled the extension of the loan agreement with NAB by 18 months, until 30 September 2014, reflecting ongoing confidence of our banking partner in the direction of the business.
COJ Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
