LONDON (Alliance News) - Rosslyn Data Technologies PLC said Tuesday it expects "solid progress" in its second half, and expressed confidence for its future as trading remained positive in its first half to the end of October.
The cloud technology and services company said its client acquisition rate is accelerating, the average cost of acquired a new client is trending lower, and the average lifetime contract value is trending upwards. Meanwhile, its client churn rate remains below 5%.
The company said it is on track for its aim of achieving cash flow breakeven.
Shares in Rossyln Data Technologies were trading flat at 15.25 pence Tuesday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.


Rosslyn Data Technologies PLC - London-based data analytics company - Secures contract renewals with two unnamed longstanding customers, worth USD1.5 ...


Rosslyn Data Technologies PLC - London-based data analytics - Raises GBP1.1 million, as planned, in a placing of 36.4 million new shares at 2.0 pence ...


Rosslyn Data Technologies PLC - London-based data analytics company - Pretax loss is broadly unchanged on-year at GBP1.5 million in the six months to ...


(Alliance News) - Stock prices in London were down on Monday around midday, as investors anxiously look ahead to three crucial interest rate decisions...


Rosslyn Data Technologies PLC - Portsmouth, England-based data management and analytics service provider - Posts revenue of GBP1.4 million for the six...


(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.


(Sharecast News) - Cloud-based enterprise data technology leader Rosslyn announced the signing of two multi-year contracts with new blue-chip customer...


(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.


Rosslyn Data Technologies PLC - Portsmouth, England-based data management and analytics service provider - Announces signing of two multi-year contrac...


(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:


(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: