PARIS—Mobile GPS navigation solutions company Webraska said its revenues doubled during its 2005 fiscal year, driven by sales of the company’s SmartZone Geospatial Platform and its Navigation Platform.
The company said it expects to report revenues for the year, which ends this month, of about $18.1 million. Net income is expected to reach $7.2 million.
The SmartZone Geospatial Platform is marketed in ASP mode or licensed to large operators. Customers include Siemens AG, Mobitel, Vodafone Group plc, Sprint Nextel Corp. and Orange SA, said the company. Webraska Navigation is a GPS-assisted navigation software for mobile phones and personal digital assistants.
