This company was owned by Collection House previously and according to their latest annual report ICS was contributing greater than $1 million in profit per annum.
Extract below:
Insurance Claims Solutions (ICS) has turned a $0.4m loss last year into a profit in excess of $1m this year. In addition to this ICS has signed a 3 year contract with their major client that will provide continuity for the foreseeable future.
CIX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held