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  2. Share Prices
  3. Feedback Share Price
  4. Feedback Share News
  5. Feedback Expects Significant Revenue Growth In Current Year

Pin to quick picksFeedback Share News (FDBK)

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Share Price Information for Feedback (FDBK)

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Share Price: 90.00
Bid: 85.00
Ask: 95.00
Change: -2.50 (-2.70%)
Spread: 10.00 (11.765%)
Open: 92.50
High: 92.50
Low: 90.00
Prev. Close: 92.50
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Feedback Expects Significant Revenue Growth In Current Year

Thu, 25th Apr 2019 12:19

LONDON (Alliance News) - Medical imaging technology firm Feedback PLC said on Thursday it expects to see significant growth in revenue for its current financial year, as its Chief Executive Tom Oakley launches a strategic review into the company.

Feedback said the revenue performance for the year ending May 31 was driven by new hires in the Cadran business, as well as investment in developing new software to drive new product sales and increase capability.

However the increased investment has increased Feedback's cost base, which will be reflected in its annual loss.

Shares in Feedback were up 5.9% at 0.90 pence on Thursday.

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Feedback shares up on GBP450,000 CDC pilot contract extension

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IN BRIEF: Feedback expects to more than triple annual sales

Feedback PLC - London-based medical imaging software company - Says trading in the year ended May 31 was ahead of market expectations. It expects revenue at GBP590,000, more than double the previous year's figure of GBP290,000 if achieved. This follows a significant increase in sales which are expected to more than triple to GBP670,000 in the year from GBP180,000 a year prior. Notes a strong performance from its flagship product, Bleepa. Performance further enhanced by technology licence fees from the company's partnership with Imaging Engineering LLC. Company continues to track a number of opportunities and remains focused on investing in the UK and India.

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16 Jun 2022 09:07

Feedback FY revenues more than double

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