Software distributor and internet lottery company Manaccom (ASX:MNL) has swung to a $7.3 million FY10 loss on one-off writedowns and restructuring costs.
The company had reported a $2.4 million profit in FY09.
But revenue grew 28% to $75.1 million as a result of a record 56% increase in sales in its in its internet lottery business to $66 million.
MNL shares are today trading unchanged at $0.300.
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