Vitesse Media FY Pretax Profit GBP36,706 On Revenue GBP3.6M

LONDON (Dow Jones)--Vitesse Media PLC (VIS.LN) said Thursday that for the year ending Jan. 31, it made a pretax profit of GBP36,706 on revenue of GBP3.6 million. MAIN FACTS: -Revenue GBP3.6 million (2009: GBP5.0 million) -Gross profit GBP2.4 million (2009: GBP3.2 million) -Operating profit GBP69,093 (2009: loss GBP0.4 million) -Pretax profit GBP36,706 (2009: loss GBP0.5 million) -EPS 0.14 pence (2009: loss 1.99 pence) -Gross profit margin of 63.3% (2008/9 64.8%) -Overheads reduced by nearly 40% -There has been a sustained improvement in the level of forward bookings and the company is now looking with more certainty at the figures for the rest of the year. -Looks forward with confidence to the results for the full year. -Shares at 0727 GMT unchanged at 9.0 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires June 10, 2010 03:29 ET (07:29 GMT)