RNS out6 Nov 2007 07:16
Financial Highlights, 9 months ended September 2007 compared with 9 months ended September 30, 2006
-- Revenues: US$149.7 million, an increase of 54.9%. Revenues in Q3 2007 were US$65.1 million
-- Adjusted Gross profit: US$36.6 million, an increase of 34.6%. In Q3 2007 - US$13.2 million
-- Normalized Operating Profit: US$11.3 million, an increase of 3.1%. In Q3 2007 - US$2.4 million
-- Financial expenses - net: US$3.2 million, increase of 184%. In Q3 2007 - US$2.5 million
-- Net Profit excluding amortization: US$4.6 million, a decrease of 22%. In Q3 2007, net loss of US$(0.4) million
-- Net cash generated from operations: Positive cash flow of US$2.3 million, compared to negative cash flow of US$(9.3) million
-- Decrease in comparable Days Sales Outstanding (DSOs)