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Mint Wireless expects breakeven ebitda in FY10

Mint Wireless expects breakeven ebitda in FY10

Mobile payment and consumer technology product and service developer Mint Wireless (ASX:MNW) expects a breakeven ebitda for FY10.

The company said it expects revenue of $12 million for the full year, with second-half revenue doubling the first-half result of $4.2 million.

And this result would have been better, had it not been for unexpected product delays from its suppliers in several new product lines.

“This is an excellent result when compared to where the company has come from since listing on the ASX in 2007,” Mint Wireless CEO Alex Teoh said.

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