In 2008, the company recorded an EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) loss of $13 million against revenues of $19 million, and an EBITDA loss in 2009 of $1 million against revenues of close to $20 million.

While VoIP services still dominate engin's offering, at about 92 per cent of the telco's business, DSL services have grown strongly -- 107 per cent -- in the past year.

The telco recorded growth in its business and wholesale services with business services up some 21 per cent, and wholesale up 40 per cent, against the 2009 year

The telco's customer base is dominated by residential (67 per cent), wholesale (five per cent) and business (28 per cent). Subscriber numbers were also up 4.5 per cent over 2009.

In an ASX release of its results, the company also flagged the National Broadband Network (NBN) as a major opportunity due to an expected "mass deployment" of VoIP services to replace existing PSTN voice services.