Menu
Menu
MyNetFone FY10 profit up 1000%

MyNetFone FY10 profit up 1000%

VoIP and IP services provider MyNetFone (ASX:MNF) has reported a 1,058% increase in profit for FY10 to $1.9 million.

Revenue grew 23.6% to $12.1 million, while ebitda grew 771% to $2.03 million, due to what chairman Terry Cutherbertson called “strong and consistent growth in subscription and usages of VoIP broadband data and other enhanced IP services.”

The strong result allowed MyNetFone to declare its first-ever dividend of 0.75 cents per share.

MNF shares are today trading unchanged at $0.145.

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 ASX:MNFTerry Cutherbertsonmynetfonefinancial resultsTelecommunications

More about MyNetFone

Show Comments

Market Place