Pureprofile Limited announced earnings results for the third quarter and revenue results for the year to date ended March 31, 2016. The company reported an improvement in positive net operating cash flow and continuing strong growth in revenue for the quarter ended March 31, 2016. The quarter generated positive net operating cash flow of $912,000, compared to a $457,000 outflow in second quarter. This was driven by solid revenue growth across both operating divisions and an improvement in debtor days achieved.

Year-to-date revenue for full year of 2016 was $21.1 million, a 49% increase on the same period last year. Revenue and gross margins are tracking ahead of forecasts, and the company reported that revenue is on track to exceed the prospectus forecast of $28.1 million.

The company is well placed for the remainder of full year 2016 and is on track to exceed revenue forecasts stated in its prospectus. With a growing and diversified client base, strong partnerships and a well-defined range of services, the company's strong growth is set to continue this quarter and further accelerate into full year of 2017.