News and Announcements
Bulletproof Delivers Record Growth: Revenues Up 69%; Full Year Presentation; Full Year Financial Report
- Published August 24, 2016 10:43AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
24th August 2016, ASX Announcement
SYDNEY, Australia – Bulletproof Group Ltd (ASX: BPF) is pleased to announce its results for the 12 months ended 30 June 2016 (FY16) that saw the Company deliver record growth in revenue and solid profit performance.
FY16 Results
- Full year revenues $47.2m, up 69% on FY15, 31% organic growth
- Underlying EBITDA $4.7m, up 13% on FY15
- Underlying EBIT $0.9m, up 2% on FY15
- Underlying NPAT $0.8m, up 51% on FY15
- Operating cash flow $5.1m, up 49% on FY15
Highlights
- Successful integration of professional services acquisition, providing strong revenue growth
- Completed acquisitions of Infoplex and Cloud House
- Successful deployment of Sell Anywhere product with major retailer
- Significant new blue chip customer wins, with over 750 customers now in the portfolio
Commenting on the FY16 results, Bulletproof Group’s CEO Anthony Woodward said:
“We are pleased to have been able to deliver another year of strong organic growth. When combined with our acquisitions, it has been a record year for overall revenue growth, which was up 69 per cent to $47.2 million, as a result. This reaffirms that our strategy is delivering responsible growth, product superiority and service excellence from a commanding, market-leading position.”
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To view the Full Year Presentation, please click on the button below.
To view the Financial Report, please click on the button below.
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