Ansearch turns the corner

Tim Burrowes

February 12, 2009 4:39

Online group Ansearch has hauled itself back to profitability even though its revenue is down on a year before, the company told the Australian Stock Exchange today.

The group’s unaudited accounts say that it made a net loss of $1.6m in the second half of 2008, but it adds that the company was back in profit for December and January.

The news comes almost exactly a year after David Burden was appointed CEO with a brief to turn the company around. He was the founder of interactive phone services company Legion Interactive, which he eventually sold to Photon.

Ansearch has three major divisions covering search, web build and media. In the ASX update, the company said:

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.