Notorious Pictures Proposes Dividend; Reports Earnings Results for the Year 2014
The company reported earnings results for the year 2014. For the year, the company reported net profit jumped to EUR 6.5 million from EUR 1.3 million in 2013, as revenues surged threefold to EUR 26.8 million. Earnings before interest, tax, depreciation and amortization (EBITDA) jumped more than fourfold, to EUR 14.3 million from EUR 2.8 million, with EBITDA margin rising to 54% from 31%. The earnings before interest and tax (EBIT) surged to EUR 10 million from EUR 2 million, for an EBIT margin of 37% compared with 22% in 2013.