Media and technology skills training institute iCreate says it registered a profit in its financial year ended December.
Earnings after tax for the twelve months amounted to $22.8 million.
This represents a 170.8 per cent improvement, compared with the $32.3 million loss it recorded in 2021.
But despite the improvement for the year, iCreate recorded another fourth quarter loss.
iCreate's total earnings for the year was 314.5 per cent more.
For the 12 months, the company made $136.1 million versus $32.8 million in 2021.
iCreate says its performance was positively influenced by its expansion and acquisition initiatives.
The company acquired Vertical Creative Limited and Get Paid Limited in the year.
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