1300SMILES Result by ABN AMRO Morgans Townsville

Article written by Jason Fittler, ABN AMRO Morgans Townsville, August 12, 2009

This article also appeared in the Townsville Bulletin, Saturday 15/8/2009, Page: 69

Over the last four years 1300SMILES have worked away steadily doing exactly what they promised in their prospectus with spectacular results for the 2008-2009 year. Below I have attached a full copy of the results for your reading pleasure. I have also summarized the highlights below.

Highlights
1. Revenue up 47.3%.

2. Profit up 74.4%

3. Final dividend is 6.0c with a total dividend of 11.4c for the full year full franked. Up 34% year on year.

4. Net Tangible asset backing 12.8c up 280%, year on year.

5. Share price up 15% from this time last year and up 10% on result.

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