Firstfolio almost doubled full-year profit as the mortgage and financial services provider grew through takeovers during the year.
Net profit rose 79 per cent to $4.81 million for the 12 months to June 30 compared with $2.69 million in the prior corresponding period, Sydney-based Firstfolio said in a statement today.
Revenue rose 38 per cent to $65.62 million.
The company said it expanded its loan book by 50 per cent to $18 billion.
Earnings before interest, tax, depreciation and amortisation would grow to between $15 million and $16 million in 2010-11, from $10.5 million in the year just gone.
Firstfolio bought companies including LeaseChoice, a business equipment finance and leasing company, during the year.
"We will continue to pursue opportunities that add economic leverage, expand distribution and diversify revenues," chief executive Mark Forsyth said in the statement.
"Despite a backdrop of cautiousness in the general market place at present... Firstfolio's best years are yet to come."
AAP