Software provider Ebix says international revenue – including Australia – increased 31.5% in the six months to June 30.

The company does not break down earnings per country, but its global broker systems earned $US9.4 million ($10.2 million) in the half, up from $US9.1 million ($9.8 million) in the corresponding period last year.

Ebix’s exchange business generated $US82.1 million ($89 million), rising from $US72.8 million ($79 million).

Total operating revenue was $US103.5 million ($112.4 million), up from $US91.5 million ($99 million).

Total net income was $US30.8 million ($33.4 million), compared with $US33 million ($35.8 million) in the corresponding period last year.

Ebix Chairman, President and CEO Robin Raina says the quarter to June failed to meet targets but he is optimistic for the second half.

“The entire Ebix team is currently focused on building our sales pipeline and implementing signed contracts. We have had good customer wins in late June and July and are in the process of negotiating large customer contracts.

“We are focused on generating increased subscription and transaction revenue and adding to our net operating cashflow and income during the next few quarters.”

He says the aim is to generate many recurring revenue streams with high operating margins.

“We are committed to achieving our operating margin target of 40%, plus or minus a few points, as we move away from the events of the past few months.”

The “events” Mr Raina was referring to involved the failed $US820 million ($891 million) takeover of the company by investment bank Goldman Sachs after federal prosecutors began investigating allegations of misconduct by Ebix.

The group also faces shareholder class actions and reports of an inquiry by the US corporate regulator, the Securities and Exchange Commission.