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.

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

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mint WirelessEBITDAGuidance

More about MintMint Wireless

Show Comments