ITX: Record After Tax Profit Dividend Increased 13.3%
itX Group Limited (ITX) Record after tax profit of $7.58M for FY2010. Final Dividend increased by 13.3% to 4.25 cents. Year end cash balances of $11.8M. No debt.
The Directors of itX are pleased to announce that the Company achieved a record profit result in a challenging financial year.
The unaudited after tax profit for the full year ended 30 June 2010 is expected to be $7.58M, an increase of 6.5% over FY2009. Revenue increased by 9.1% to $159.9M (FY 2009: $146.6M).
With offices in Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra, itX is a leading distributor of a broad range of IT software and hardware products and a provider of specialised IT services throughout Australia.
In addition to its appointment as Sun Microsystems’ (recently acquired by Oracle) sole Authorised Distribution Centre in Australia, itX provides a distribution channel for a select range of world class IT vendors including: Apple, Appsense, DataCore, Citrix, Hewlett Packard, IBM, Oracle, Raritan, Red Hat, Secure Computing, ThinPrint, Trend Micro, Vizioncore, VMware and Wyse.
itX’s Technology Products Distribution division comprises Briell Marketing, a leading distributor of specialised printers and media for personal identification and security cards, medical and photographic imaging and the recently acquired Sydmed, a distributor of world class Urodynamic and Ultrasound medical devices used predominately in the specialised field of Urology.
itX’s Services division provides specialist services to its corporate clients including: Network and Server Management, ERP systems support, IT consulting and, via its hosted services division ICO, high uptime cost-effective solutions that meet the serious hosting needs of its customers.
For further information about itX and the latest itX news please visit: www.itxgroup.com.au.
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