Communicate.com Inc. (OTCBB:CMNN) has announced a 2006 profit of $414,000, a 19% increase over the previous year's total.
The Vancouver-based e-commerce company attributed the increase in part to its $6.5 million in perfume sales last year.
Communicate.com owns numerous e-commerce websites, including perfume.com, importers.com and boxing.com.
Its record revenue of $8.5 million in 2006, which was nearly double that of the previous year, was driven by fourth quarter revenue of more than $3 million.
The company said it plans to expand sales and marketing efforts at importers.com and focus on the Asian market. Importer.com is a searchable, online directory of more than 100,000 international companies. It allows distributors to register their products free or pay a membership fee for more exposure on the site.
Communicate.com was ranked B.C.'s 12th fastest-growing company on Business in Vancouver's 2006 Fastest 50 in Five list.
Communicate.com's share price range during the past week: between $1.03 and $1.09; 52-week high: $1.48; 52-week low: $0.65.