Techniche Limited provided earnings guidance for the half year and full year of fiscal 2014. The company announced that, as a result of a review of prior year product development costs and intercompany license fees, Urgent Technology Ltd. (UK) are forecasting to receive additional tax benefits of approximately $200,000 in this financial year. As a result, the Company is now forecasting a half-year net profit after tax to be in the range of $700,000 to $800,000.

The Company further advises that it expects its full year net profit after tax to be in the range of $2,000,000 to $2,300,000 including the one off tax benefit. The Company continues to remind shareholders that its revenue and profits are impacted by the size and timing of some orders and major currency fluctuations, with a further market update to be provided in the new year with the publication of the half year results.