destra reports strong first half results and launches destra Business
• Revenue for the half of $6.985 million (up 76% ) • Net Profit for the half of $0.423 million (up 333 %) • EBITDA profit for the half of $0.727 million (up 586%) • EPS of 0.54 cents per share • Cash At Bank of over $1 million • Launches destra Business unit • Launches new Search Engine online marketing service • Wins PowerTel Partner of the Year Award
destra Corporation Limited (ASX: DES) announced today a strong operating result for the Half Year ending 31 December 2004. “These financial results are encouraging and we expect this positive trend to continue into the foreseeable future,” said Domenic Carosa, destra CEO.
In January 2005, destra launched destra Business, a company providing end-to-end managed services and business communications solutions. destra Business is the result of the merger of two destra Corporation divisions - Techex Communications and OzHosting.com Advanced.
In early February 2005, destra Business’s communications arm (formerly known as Techex Communications) was awarded the prestigious PowerTel Partner of the Year Award for a second year running.
destra Corporation, via its wholly owned subsidiary Yahoo! Webhosting by Ozhosting.com, also launched Australia’s most affordable Search Engine Optimisation (SEO) service for the SME market. “Because most websites are found via a search engine these days, businesses are starting to understand the value of being positioned high up in the search engine rankings. Our SEO web-based service helps them achieve this,” said Carosa.
The company’s Digital Media Services division (incorporating destraMusic.com) continues to perform within expectations. “We are continuing to focus on building relationships with content suppliers and distribution partners,” Carosa added. “We are taking a long term view with our digital music business and are just seeing the tip of the iceberg.” - ENDS -
DES Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
