The company announced revenues were up 130% to £45m, with pre-tax profits of £25m, for the year ended December 2004.
“The growth in revenue, member sign ups and earnings are all in line with our expectations. Implementation of our strategy to proceed with geographic expansion and increased market penetration is proceeding successfully as evidenced by our acquisition in the Asian market and the 1.5 millionth signup milestone which was achieved last week,” said President and chief executive Gord Herman.
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