Prophecy International Holdings Ltd. Announces Revenue Results for the Fourth Quarter and Full Year of 2016; Provides Earnings Guidance for the Full Year 2016; Provides Sales Guidance for the Full Year 2017
For the full year 2016, revenue has come in at $14.7 million. This figure represents a new revenue record for the group, and is up a healthy 47% compared to full year 2015.
EBITDA for full year 2016, is expected to be $5.0 million once audited accounts are complete. This earnings result is a new record for the group, and shows growth of 13% compared to full year 2015 EBITDA.
Improved sales result expected to flow into full year 2017.