Learmonth & Burchett Management Systems Plc has reported fourth quarter net profits of $1.1m up from losses last time of $0.5m on revenue down 42.9% at $6.2m; net losses for the year to April 30 were $16.3m up from losses last time of $0.8m on revenue that fell 46.9% to $21.9m. Net earnings per share were $0.04 in the quarter.