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Optimal Payments results

Optimal Payments, the company formerly known as Neovia Financial, has turned a profit according to its latest annual report.

In 2009, the online payment processing firm made a loss of $1.7 million, but its audited figures for the year ended December 21, 2010 show it made $2.3 million profits before tax.

The company says trading revenues were slightly up, by $200,000 to 60.7 million.

The report says it's making substantial progress on delivering its three year strategic objectives, including growing its Straight Through Processing business, and delivering a North American presence.

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