FY05 Preliminary Final Results - Full Year Record Profit
Sep 12, 2005
ASX RELEASE – Monday 12th September 2005
Jumbo Corporation Limited (ASX:JUM), a leader in online lotteries and ecommerce services, today announced a profit of $630,371 and an EBITDA of $720,083. The FY05 result represents significant improvement on last years figures.
12 Month Trading Basis
Financial Performance
FY05 | FY04 | % Change | |
Revenue | $7.2 million | $7.7 million | 6.5% decrease |
EBITDA | $720K | $370K | 94% increase |
NPAT | $630K | $290K | 117% increase |
Financial Position
FY05 |
FY04 |
FY03 |
|
Cash | $5.4 million | $1.9 million | $0.9 million |
Total Assets | $11.5 million | $3.4 million | $1.7 million |
Total Liabilities | $7.6 million | $2.2 million | $1.1 million |
Net Assets | $3.9 million | $1.2 million | $0.6 million |
ABOUT TMS
TMS Global Services Pty Ltd is a wholesaler and online retailer of Australian lottery products through agreements with Tattersall’s (Victoria) and the NSW Lotteries Corporation. The company retails popular lotteries such as Saturday Lotto, Powerball and OzLotto via its website at www.ozlotteries.com. As well as the online lottery business TMS supports a private network of lottery outlets in various Pacific Islands including Fiji, Cook Islands and Norfolk Island. This network was established in the 1990’s and allows traditional retailers to sell Australian lottery products.
ABOUT JUMBO
Jumbo Corporation Limited is a successful online retailer and e-commerce provider. Profitable for the last 3 years, the company retails a range of products such as pharmacy goods, software and luxury items such as fragrances and cosmetics from its popular www.jumbomall.com web site. The company has accumulated in excess of 300,000 online customers which form a base to promote new products such as lotteries. Jumbo also provides a range of e-commerce services to customers worldwide from its www.jumbostore.com web site.
For further information, please contact:
Mike Veverka, CEO
Email: mike@jumbocorporation.com
Web: www.jumbocorporation.com