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› Revenue up 56% to A$29.3 million
› EBITDA up 83% to A$4.3 million
› NPAT up 38% to A$1.4 million
› Funds under administration up 35% to A$119 billion
› Completion of three international acquisitions for global distribution capability
› Fully franked final dividend of 0.75 cents per share, taking full year dividend to 1.25 cents

For the twelve months to 30 June 2017 the group announced an after-tax profit of $1.4 million, an increase of 38% over the prior corresponding period. Revenue was up 56% to $29.3 million.

MainstreamBPO Limited is one of Australia's largest independent fund administrators, providing administration services to 192 fund managers and superannuation trustees. During the reporting period, funds under administration rose 35% during the year to $119 billion, from $88 billion as at 30 June 2016. Over the same period, the number of funds administered grew from 435 to 667 funds.

Commenting on the results, MainstreamBPO Chief Executive Officer Martin Smith said "Since listing in October 2015 we are very pleased with the achievement of doubling our annualised revenue to $29 million. This has been attained through a combination of organic growth, new business wins and strategic acquisitions.

"Another pleasing outcome of this reporting period was our margin improvement of 2.2% via the acquisition of higher margin businesses, restructuring of core software agreements and improved automation in key client processes."

Following completion of three acquisitions during the reporting period; namely Fundadministration, Inc (USA), Galileo Fund Services business (Isle of Man) and the former European hedge fund business of Alter Domus (Malta), MainstreamBPO now has global operations in six countries and 180 employees.

The group has two further acquisitions underway. The acquisition of Trinity Fund Administration (Ireland and Cayman Islands), pending regulatory approval, will deliver established operations in two key fund domiciles. The integration of part of IRESS' superannuation administration business (Australia) is expected to build scale and capability in the group's superannuation administration business, SuperBPO.