Cirrus Networks is pleased to announce another strong half year result for H1 FY19 highlighting the Company’s ongoing success in delivering on its strategy of transitioning to a Managed Services provider of choice within the Australian IT sector.

HIGHLIGHTS

  • Revenue of $45.7million up 49% on H1 FY18
  • Record EBITDA (pre options expense) of $585k and Underlying Profit of $759k
  • 136% growth in managed services
  • Eastern seaboard revenue growth of 57%
  • H1 FY19 operating cash $564k positive against $416k negative in H1 FY18, and;
  • Continued improvements in margins.

View the Report Here

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