microcap rising star generates record profit

It is a great result with record revenues, profit and dividend :

1. Revenues up 55% to $59Mil
2. Net profit before tax up 68% to $3.86Mil
3. Net profit after tax up 8% but if ignoring last years once off tax benefit the profit is up 78%.
4. Full year fully franked dividend is up 50% to 1.5c

There is still lots of revenue potential in the existing businesses with the new agreements they have in place and the shares @40c are still trading on a lowly P/E of 5.8.
A relatively conservative P/E of 10 equates to a shareprice of 69c and a more realistic P/E in this market of 12 would equate to a shareprice of 82c