A good result, but no big divvy, as good as debt free though...

A good result, but no big divvy, as good as debt free though almost

􀁝 EBITDA of $32.3m (organic growth of 32% on the prior corresponding period), NPAT of $20.2m
(up 42% pcp), Revenue of $186m (down 4% pcp).
􀁝 EBITDA includes legal costs in relation to the Tenix dispute of $1m
􀁝 Diluted EPS of 21.8 cents (up 37% pcp)
􀁝 Final fully franked dividend of 4 cents, total dividend payout for the year 6.5 cents (up from
2.25c pcp)
􀁝 Operating cash flow of $20.6m, with net debt further reduced to $9m ($23m pcp) debt is
forecast to be eliminated in CY2010
􀁝 Ended June 2010 with 1,155 staff (down 2 pcp). India at 120 staff (up 10 pcp)
􀁝 Significant market share gains in Sydney and Brisbane
􀁝 Entered FY2011 with booked and committed revenue at 45% of FY2011 full year budget
􀁝 Strengthened strategic vendor relationships with Microsoft, SAP, Oracle and IBM
􀁝 Continued focus on larger and longer projects and use of offshore capability
􀁝 Continued focus on project quality and governance processes has reduced risk and improved
project profitability