August 28th, 2008: Beyond International Limited (ASX:BYI) is pleased to issue its preliminary results for the financial year ended June 30th, 2008.
In the twelve months to 30 June 2008 the Group’s net profit increased by 15% to $4,992,000. This is in line with the guidance issued to the Australian Stock Exchange during the last financial year by the Company and includes the net impact of takeover costs and the sale of the Artarmon premises.
Operating EBITDA has remained steady at $12,337,000 and operating EBIT has increased by $513,000 to $7,037,000. The operating EBITDA margin has improved from 17.7% to 19.8% and the operating EBIT margin has improved from 9.5% to 11.3% of operating revenue.
Net cash flows from operating activities were $7,897,000 (2007: $7,102,000) excluding takeover costs of $1,200,000.
Total bank debt has reduced from $1,696,000 at 30 June 2007 to zero at 30 June 2008.
Cash on hand has increased to $6,155,000 (2007: $3,055,000) including the proceeds from the sale of the property at Artarmon, which realised a profit of $1.66 million.
A full copy of the preliminary results are available for download by clicking here...
Note:- You will need a copy of Acrobat Reader to be able to read this file (PDF format)
All enquiries should be directed to:
Mr Mikael Borglund, Managing Director, Beyond International Limited.
Telephone 02 9437 2000 or email: investor_relations@beyond.com.au
published: Thursday, August 28, 2008 
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