Zamano announces 18% profits boost

Mobile data services company Zamano has announced an 18% rise in after-tax profits for 2007 (€2.6m, up from €2.2m in 2006).

Revenue grew by 100% to €24.7m from €12.3m in 2006.

Zamano said today that shifts in advertising from print to online and mobile was a major growth driver in 2007.

The company also said cost control measures mean costs are maintained at 24% of revenue, about the same as in 2006.