School communications and SMS software company MGM Wireless (ASX:MWR) has forecast a swing to an FY10 profit of between $750,000 and $1 million.
The company said the favourable trading conditions from 1H10 had carried over into the second half.
The company posted a net loss of $350,000 for FY09, on revenue of $1.8 million.
“The board believes the expected full year result reflects improving penetration in our key Australian business market,” MGM Wireless executive chairman Mark Fortunatow said.
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