BLT |
08/05/2017 08:35 |
MKTUPDTE |
PRICE SENSITIVE |
REL: 0835 HRS BLIS Technologies Limited |
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MKTUPDTE: BLT: Blis Technologies reports a maiden EBITDA surplus |
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Blis Technologies reports a maiden EBITDA surplus |
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Blis Technologies reports an unaudited EBITDA surplus of $586k but a small |
net deficit of $24k on total revenue of $6,547k (2015: $5,661k) for the |
twelve months to 31 March 2017. |
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The operating cashflow positive result represents an EBITDA turnaround of |
$846k compared with last year and comes on the back of a 16% increase in |
trading revenue. |
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The Board of directors have chosen to defer the recognition of any tax asset |
due to the net financial deficit. |
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The company will report its full year annual audited financial results by |
Monday 26 May 2017. |