July 10 (Reuters) - Prophecy International Holdings Ltd PRO.AX :
* Acquisition and placement PRO.AX
* Acquires 100% of software company eMite Pty Ltd
* Combined new 2016 revenue expected to be $20M with $8.2M profit before tax
* 2016 expected result to be about double the 2015 result
* Upfront consideration comprises a cash component of $4 million together with 6,300,000 pro shares
* Source text for Eikon ID:nASX4wYpHQ