Business Services Industry
MYOB fattens revenues.
Australasian Business Intelligence, June, 2002
ABIX via COMTEX) -- Australian accounting software developer, MYOB, predicts that its revenue will reach $A36 million in the six months to 30 June 2002. The company informed the Australian Stock Exchange that its sales in the US and Australia had improved in all categories. Matthew Critchley, CEO of the company, said that MYOB's earnings before interest, tax, depreciation and amortisation (EBITDA) would rise from $A4.4 million in the six months to 30 June 2001 to more than $A12 million in a corresponding period of 2002. MYOB's year-on-year revenue will grow by 20 per cent.
Publication Date: 25 June 2002
MYOB LIMITED - ASX MYO
By James Riley
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