Wellcom Group Limited announced group earnings results for the year ended June 30, 2014. For the period, the company reported net revenue of AUD 62.735 million against AUD 53.607 million a year ago. Results from operating activities were AUD 13.289 million against AUD 12.214 million a year ago. Net interest income was AUD 0.209 million against AUD 0.492 million a year ago. Net profit for the year was AUD 8.595 million against AUD 7.851 million a year ago. Earnings before interest and tax were AUD 11.4 million, up 10%. Net cash flows from operating activities were AUD 6.86 million against AUD 7.60 million a year ago. Capital expenditure was AUD 1.69 million against AUD 0.89 million a year ago. EBITDA was AUD 12.99 million against AUD 11.94 million a year ago. Earnings per share were AUD 21.93 against AUD 20.03 a year ago. The increase in net revenue was driven by the contribution from theLab, following it's acquisition in March 2014, together with organic growth from existing clients and new business wins engaged either in the current year or part way through the prior year.

The company anticipates full year EPS growth in full year 2015 of around 10%. Contributory factors will be ongoing organic growth from existing customers, and full year contributions from recent contractual wins and the acquisition of theLab.