Trintech returns to profitability as operating costs slashed

Payment solutions firm Trintech has announced a 17% increase in fourth quarter revenues to $12.3m (€9.7m) and a return to profitability.

Total revenue for the year ended January 31, 2004 was $43.1m (€34.02m) compared with $42.9m (€33.85m) for the year ended January 31, 2003, an increase of 1%.