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iSelect delivers turnaround profit

Online comparison company iSelect has recovered from its first-half loss with $12.9 million full-year profit.

iSelect has turned a first-half loss into a healthy full-year profit of $12.9 million, following a recovery in its health business and growth in other markets.

The online comparison company said profit in the 12 months to June 30 was up 34 per cent on the previous year while revenue rose nine per cent to $171.9 million as a restructure of the company's business delivered improved results in the second half.

iSelect declared a final dividend of 1.5 cents, fully franked, taking the full-year dividend to 2.5 cents.


1 min read

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Source: AAP


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