NEW STRATEGY PAYING OFF FOR DATA#3
Written on the 22 August 2016 by James Perkins
DATA#3 (ASX: DTL) has posted a 30.4 per cent increase in net profit after tax to $13.8 million in FY16, driven by a big jump in revenue from its cloud-based services in a sign that its change in strategy is paying off.
"However, we are seeing digital technologies leading business transformation in both commercial and public sector organisations. Data#3, together with the consulting team at Business Aspect, are well positions to enable this transformation and capture new investment."