Notification of Dividend – March 2016
The attached notice of dividend was released to the ASX on 26 February 2016
Real People Delivering Real Software Solutions
Global Software Solutions
Real Business Benefits
Proven Results
Prophecy is more than a software distribution company. We serve as a way to bring products to the world, connecting ideas & information, and creating better software experiences.
At Prophecy, we like to think of ourselves as problem solvers, delivering real business benefits – to the customers who use our software, the companies we buy software from and sell to, and our shareholders. We continue to innovate, long after we’ve developed or acquired our products.
Prophecy’s proven design, development, and sales processes have delivered over 200% growth in sales of our flagship product Snare in the 2015 financial year.
Our Flagship Brands
The Snare suite of security and compliance products range from small footprint, highly effective device and network logging and log-management tools through to advanced IT infrastructure threat protection solutions.
Emite develops advanced real-time analytics and dashboard solutions which can be rapidly deployed into nearly every IT environment.
Record Half Year Revenue
The Prophecy accounts for the Half year ending 31/12/15 have been completed and once again show record results for the half.
These accounts are yet to be fully audited and the final audited half year report will be released later in February.
The completed management accounts show that revenue for the half grew to $8.0 million, a new record result. This represents a growth of 81% compared to the same period last year which also was a record.
New sales invoicing for the SNARE product set was up 120% on the same period last year and this has contributed to the record revenue number. eMite new licence sales for the period grew 45%.
Profit from ordinary activities before income tax and depreciation/amortisation and acquisition costs has come in at $3.1 million, another record result for the half. This is up 55% from the same period last year and is a most pleasing result.
Cash at the end of December 2015 was $5.15 million.
The board will declare a dividend of 2 cents per share payable in April 2016.
Our plan is to continue the aggressive sales growth of the SNARE business along with the eMite business and we expect to see a very good full year result both in revenue and profit from our continued combined sales push.
