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Education and legislation key for Tribeca

Education and legislation key for Tribeca

(24 February 2004 – Australia) Listed financial services education company Tribeca Corporation has posted a 26 percent rise in net profit for the six months to December 2003 and said it expected further growth in the second half. The company, which provides financial services education, professional development, and compliance assurance services, recorded a net profit of A$390,000.

Its sales revenue grew 27 percent to A$8.4 million while its EBITDA increased to $960,000.

Tribeca said its positive outlook and result was based on a strong financial services sector and increasingly complex legislation. It went on to say that it wasn’t looking to grow by acquisitions but would look at strategic opportunities.
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