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News

• TSV expects $4m loss for FY11

  Communications equipment vendor, TSV Holdings (ASX:TSH), is expecting a $4 million net loss for FY11 despite an anticipated improved second-half performance.

• Voltage IP posts $114k 1H loss

  Shell company Voltage IP (ASX:VIP) has reported a $114,600 net loss for 1H11.

• Eftel loss widens on restructure costs

  ISP Eftel (ASX:EFT) has reported a 29.9 per cent wider 1H net loss of $1.3 million.

• MobileActive, Motopia report 1H losses

  Mobile content and marketing companies MobileActive (ASX:MBA) and Motopia (ASX:MOT) have both posted losses for the first half.

• Reduced hardware spend in Tassie causes Anittel profits slide

  A significant reduction in hardware spend in Tasmania has caused a drop in net profits for Australian IT company Anittel (ASX:AYG) of $13.46 million for the six months ended 31 December 2010.

• Vita Group earnings decline 11 per cent

  Following a reduction in the historic trailing commissions paid by Telstra, telecommunications retailer Vita Group (ASX:VTG) has posted a decline in earnings before interest, tax, depreciation and amortisation (EBITDA) of 11 per cent from $13.46 million to $12 million for the half year to 31 December 2010.

• iSOFT swings to $84m loss

  Health IT company iSOFT (ASX:ISF) swung to an $84.1 million net loss in 1H11, due to restructuring costs and impairment charges.

• ipernica 1H loss shrinks 19%

  Technology and IP commercialisation company ipernica (ASX:IPR) slimmed its 1H loss 19 per cent to $3.5 million, from strong revenue gains.

• Altium loss widens despite sales gains

  Electronics design software developer Altium (ASX:ALU) has reported a three per cent wider 1H net loss of $US2.5 million for 1H11.

• Global Health 1H loss widens to $511k

  Australian e-health solution provider Global Health (ASX:GLH) has reported a net loss of $511,500 for FY11, as a result of foreign exchange losses.