West Perth-based intellectual property consultancy ipernica Ltd, formerly QSPX Ltd, has reversed its financial fortunes after recording a net profit of $4.4 million in 2006-07, up from a $4.6 million loss in the previous year.

West Perth-based intellectual property consultancy ipernica Ltd, formerly QSPX Ltd, has reversed its financial fortunes after recording a net profit of $4.4 million in 2006-07, up from a $4.6 million loss in the previous year.