13 May 2013  – final results

The group has reported strong growth in the year to 31 March with revenue up by 73% to $198m (2012: $114m) and adjusted pre-tax profit up by 129% to $24.6m (2012: 10.7m).  Adjusted earnings per share rose to 6.98 cents (2012: 3.60 cents) and net cash at the year end was $55.9m (2012: $38.4m).  These are clearly excellent results helped by the addition of marquee brand advertisers including Nike, Kellogg, Disney and Siemens.  With further progress likely in the current year the shares remain a BUY.