Fast facts
Ben WoodheadHead of Platform Product
Adacel back in black Adacel yesterday bounced back into the black with a $1.5 million first-half net profit on revenue that lifted 24 per cent to $25.4 million. The result reversed a recent slump for the aviation software maker, which turned in a $2.5 million half-year loss a year ago. The company said it was "cautiously optimistic" about continuing the improvement throughout the second half of the year. It finished the six months to December 31 with cash of $1.1 million, up from negative cash of $2.6 million, but did not declare a dividend. Ben Woodhead
Loading...
Ben oversees design and development of newsroom and subscription platforms for The Age, The Sydney Morning Herald and The Australian Financial Review. Previously Ben was Deputy editor – Digital at the AFR.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Technology
Fetching latest articles