IFEX Innovation Finance & Equity Exchang
IFEX NV Announces 2005 Profit of EUR 1.6 Million After Tax
02.05.2006 – 08:07
Amsterdam (ots/PRNewswire)
IFEX Innovation Finance & Equity Exchange NV ("IFEX NV") today releases its audited Annual Report for the Financial Year ended December 31 2005.
(Until 2004 IFEX reported under Dutch Gap. As of this year the IFEX accounts are based on IFRS. For this reason the comparable 2004 figures are also presented under IFRS.)
The final accounts show a consolidated profit after tax of EUR 1.6 m (2004: EUR 6.2 m negative). Profit before tax was EUR 3.3 mln; EBIT was EUR 3.3 m (2004: EUR 6.3 m negative).
Revenue declined to EUR 6.2 million (2004 EUR 14.5 million). The decrease was for the most part due to a lower transaction volume then in 2004.
The annual report is available for download at the Company's Investor Relations website www.ifexgroup.com.
IFEX NV is a pan-European corporate finance organisation that facilitates funding solutions for small and medium sized enterprises (ISIN: NL0000210532).
Contact:
Niels Reijers, Chief Executive Officer, IFEX Innovation Finance &
Equity Exchange NV, Tel: +31-20-428-95-34, Email: ir@ifexgroup.com