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Pin to quick picksNetcall Share News (NET)

Share Price Information for Netcall (NET)

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Share Price: 88.00
Bid: 86.00
Ask: 90.00
Change: 0.00 (0.00%)
Spread: 4.00 (4.651%)
Open: 88.00
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Low: 88.00
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Netcall Expects To Report "Record" Annual Revenue And Earnings

Mon, 03rd Aug 2015 07:52

LONDON (Alliance News) - Customer engagement software provider Netcall PLC said Monday it expects a "satisfactory" outcome for its recently ended financial year.

Netcall said it expects to report "record" revenue and adjusted earnings before interest, tax, depreciation and amortisation for the year to end-June. In the previous year it posted a pretax profit of GBP1.9 million on revenue of GBP16.9 million.

The company cited a rise in order inflow in its second half, which it said "augurs well for the future".

Its Liberty Customer Engagement software platform saw good demand, particularly in the health market. As a higher amount of new orders are based on a software-as-a-service model, Netcall is considering speeding up investment in its SaaS capabilities to meet growing demand.

"During the year the sales pipeline continued to grow and the group has invested further to enhance the Liberty product suite. The focus on expanding the SaaS delivery capabilities has been well received by customers and has resulted in orders for the latest version of Liberty. Together with our strong balance sheet and broad customer base the board believes Netcall is well positioned for the future," said Chief Executive Officer Henrik Bang in a statement.

Shares in Netcall were up 6.8% at 48.85 pence Monday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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