The Company put in a solid performance in FY2015 which has been a turning point in its development and repositioning. Having employed numerous sales staff in the US, Australia and now Europe and deployed new products, the Company is now poised for growth. Revenue for FY2015 was $7,026k being slightly better than the $7,210k revenue in the prior corresponding period (pcp) after adjusting for changed operations in Taiwan.
Positively, revenue was up against pcp in Europe, Taiwan, South Africa and in DataTrace with Australia now stabilised. In the US, industrial product sales were up a pleasing nearly 90% off a low base, but auto and CopDot sales were down.