iSentric Reports Record Results in Financial Year 2016; Group Revenue Up 13.6%; Underlying EBITDA Up 44.0%

30th August 2016, ASX Announcement

iSentric Limited (ASX:ICU) is pleased to announce its results for the 12 month ended 30 June 2016 (FY16), a period that saw the Company expand into new markets and successfully launch a number of new digital media products.

FY16 financial highlights:

• Group revenue up 13.6% to $9.8 million
• Underlying EBITDA up 44.0% to $2.2 million
  • Beat guidance given to the market in April 2016
  • FY15 excludes listing costs and acquisition due diligence costs as well as a loss from discontinued operations
  • FY16 excludes potential acquisition due diligence costs
• Net Profit after Tax $1.9 million up from a loss of $0.1 million in FY15
  • A strong performance from Arte Mobile Technology Pte. Ltd. in its first full year of contribution to the Group after being acquired in February 2015 with a gross profit contribution of $2.8 million. This includes a deferred tax asset of $0.4 million being recognised as well as an over provision on tax in prior reporting period of $0.1 million
• Earnings per share in FY16 of 1.43 cents up from loss per share of (0.02) cents in FY15

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