Sylogist Ltd. reported audited financial results for the fiscal year ended September 30, 2012. For the period, the company's net income before tax increased to $2.9 million or $0.15 per fully diluted share compared to $2.8 million or $0.14 per share in 2011. Total profit after tax was $2.0 million compared to $1.9 million in fiscal 2011. EBITDA was $3.9 million compared to $4.0 million in the previous year. Revenues were $9.3 million compared to $9.8 million in the prior year.

With the recent acquisition of fuel system management assets and expected strong and growing cash flow, the company foresee a successful fiscal 2013.