RXP Services Limited reported audited consolidated earnings results for the fourth quarter and full year ended June 30, 2018. For the quarter, the company reported revenue of AUD 39 million and EBITDA of AUD 5.5 million, driven by improved utilization rates and solid headcount.

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.