Isentia posts full year profit of $26.5m with bulk of revenues still coming from Australia and NZ
Media monitoring company Isentia grew its earning by 38 per cent in the last financial year, its first full-year earnings figures since it listed on the Australian Securities Exchange have revealed.
Earnings before interest, tax, depreciations and amortisation (EBITDA) were $42.5m, 3 per cent ahead of forecasts, on revenue of $127.3m for the 12 months ended in June, up 15 per cent on the previous year.
Isentia reported a net profit after tax of $26.5m, up 39 per cent year on year, with an underlying net profit after tax of $27.4m, this was up 44 per cent year on year.
Croll
Managing director and CEO John Croll said in a statement issued to the ASX: “iSentia has announced another strong NPATA figure for our full year as a listed company. I am pleased that growth has been delivered across all business units.
“The 27 per cent increase in value added services revenue is further evidence that our award winning insights team, social media services and rapidly growing database products are meeting the fast-evolving needs of marketing and communications professionals.”
Isentia runs 21 offices across Asia Pacific with the company’s Asian revenue increasing by 19 per cent to $24.3m.
Australian and New Zealand revenue represented $103m of the company’s overall $127.3m in revenue.
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The 14 per cent growth in ANZ revenue was driven by SaaS and content services growth of 12 per cent and a continued take-up of additional value-added services produces by existing customer base delivering VAS growth of 31 per cent.
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Staying with the company’s ANZ results, the average revenue per client for 12 months was up by 14 per cent to $31,395 year-on-year, driven by an increased take-up of VAS products.
The company also posted increased operating expenses of $84.8m, up by 6 per cent, driven by cost of sales growth mainly due to copyright and data acquisitions costs.
Isentia also announced today it has acquired content marketing company King Content, saying the agency is expected to contribute an increase of circa 10 per cent to iSentia’s consolidated FY16 revenue.
Miranda Ward
Miranda Ward worked for Mumbrella from 2013 to 2017, eventually becoming deputy editor. Miranda joined Mumbrella in September 2013 from Sky News.
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