RXP Services Limited Reports Audited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2018; Provides Earnings Guidance for the Fiscal Year 2019
For the year, on consolidated basis, the company reported revenue of AUD 144,946,000 against AUD 140,504,000 a year ago. Results from operating activities were AUD 11,893,000 against AUD 17,610,000 a year ago. Profit before income tax was AUD 11,269,000 against AUD 16,891,000 a year ago. Profit attributable to members of the parent was AUD 7,835,000 against AUD 11,641,000 a year ago. Basic and diluted earnings per share were 4.9 cents against 8.3 cents a year ago. Net cash provided by operating activities was AUD 9,150,000 against AUD 12,340,000 a year ago. Payment for plant and equipment was AUD 1,096,000 against AUD 1,003,000 a year ago. Payment for intangibles was AUD 764,000 against AUD 561,000 a year ago. Underlying EBITDA was AUD 15,161,000 against AUD 19,451,000 a year ago. EBITDA was AUD 12,980,000 against AUD 18,253,000 a year ago. Operating cash flow was AUD 13.9 million compared to AUD 18.1 million a year ago.
The company expects to achieve double digit earnings growth in fiscal year 2019.