Final results show revenues at top end of trading statement plus profits slightly above top end estimate.
Financial highlights
Revenue increased 55% to $17.0m (2006: $11.0m).
Profit before tax and foreign exchange movements rose 356% to $3.74m
(2006: $0.82m).
Pre-tax profit was up 153% to $3.92m (2006: $1.55m).
Net cash at the year end was $3.5m (2006: $6.7m).
Operational highlights
The NinjaProbe appliance family was launched successfully.
US$2m NinjaProbe shipment to a leading US based telco.
Signed a technology licensing agreement with Sprint Nextel Corp (NYSE:
S), a world leader in communications services, for two of its network
traffic products.
Launched new Application & Channel Partner Programmes to drive sales
through software vendors and systems integrators.
Delivered 40 Gbps/OC768 monitoring solution to major US telco.
Board changes announced today: Selwyn Pellett to become non-executive
Chairman, John Scott to become Deputy Chairman and Mike Riley to become CEO.