http://www.theaustralian.com.au/business/companies/navitas-faces-100m-market-capitalisation-wipeout/story-fn91v9q3-1227459279029
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The Perth-based company announced a net profit of $91.4m, up 11 per cent, but warned of challenging times in the next few years as the full impact of terminated contracts with universities played out on its earnings.