The contracts are rolling in thick and fast at broadcasting software specialist Pilat Media Global, with a new contract with existing customer, FOXTEL management of Australia the third win the company has announced in February.
The new contract has been negotiated to govern the parties' relationship going forward as pay-TV firm FOXTEL intends to license and implement additional parts of Pilat's Integrated Broadcast Management System (IBMS) system. Under this contract, fee-earning work has commenced on the scoping and the planning of the potential implementation of IBMS Rights at FOXTEL later this year. FOXTEL will be the ninth customer to adopt the IBMS Rights offering.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Skin treatments supplier Sinclair IS Pharma is growing the top line rapidly after a rash of acquisitions but the bottom line remains a blemish as it beds things down following its merger with IS Pharma. Revenues in the second half of 2011 rose 67% to £23.4m from £14.1m in the corresponding period of 2010, with like-for-like revenues up 9%. Ignoring exceptional items, the company's earnings before interest, tax, depreciation and amortisation (EBITDA) were positive, at £0.7m versus a loss of £1.3m the year before, but the company still registered a loss per share of 1.4p, compared to a loss of 1.9p at the interim stage last year. The loss came about because the company saw a one-off £2.2m hit for administrative expenses relating to the merger. Loss before tax widened to £5.56m from £4.02m the year before, but excluding exceptional items it narrowed to £2.91m from £3.52m.
-
Family face £100k stamp duty bill after avoidance scheme crashes in court – the mistakes to avoidA couple faces a substantial stamp duty bill after trying to reduce the amount they owed
-
How to get a guaranteed income in retirementSavers want certainty in retirement, with almost two-fifths naming guaranteed income as their main priority. An annuity can achieve this – but what other income options are available to supplement it?
