Sunday | 23 November, 2008
Stratatel doubles revenue, earnings
Revenue largely due to FleetManager mobile phone monitoring and control suite.
Dylan Bushell-Embling 17/06/2008 15:49:21

Stratatel (ASX: STE) has announced strong earnings for the first three quarters of this financial year, nearly doubling its consolidated revenue for the period.

The company earned over $4.1 million in revenue over the period, compared to $2.1 over the same period last year.

Stratatel's EBITDA also more than doubled, reaching $607,000. This is more than $350,000 higher than the previous financial year results.

This added income has largely come from wholesale sales of the company's FleetManager mobile phone monitoring and control suite, as well as contracts to supply its Softlog solution to both Canon and Fuji Xerox.

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