Menu
Menu
Razor Risk forecasts $1.5m-1.8m FY10 profit

Razor Risk forecasts $1.5m-1.8m FY10 profit

Risk management technology developer Razor Risk Technologies (ASX:RZR) has forecast a net profit of between $1.5 million and $1.8 million for FY10.

Ebitda is likely to be between $625,00 and $725,000 but by utilizing prior tax losses, this figure will be augmented, Razor said.

If this guidance proves accurate, it will be Razor's fourth consecutive half-year profit after a rocky period ended two years ago, chairman Ellis Bugg said.

“These results are a testament to the steps taken over the past two years to put the company on a sustainable footing,” he said.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags Guidanceit servicesEllis BuggRazor Risk

Show Comments
Computerworld
ARN
Techworld
CMO