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LONDON (Alliance News) - Toople PLC on Wednesday said it received the highest number of orders by contract value in October, making this a record-breaking period for the business.
The telecom services provider said the contract value of signed customers in October will equate to revenue in excess of GBP250,000 for Toople over a 24-month period.
In addition, October saw the largest monthly number of directly contracted small businesses joining Toople, which represented a 40% increase compared to prior months.
"We continue to grow through adding new customers from a variety of different channels, as well as by selling add-ins to existing customers and as a result our order book keeps increasing in value," said Chief Executive Andy Hollingworth.
"We believe this is a direct result of sound management and effective implementation of our new operating strategy," added Hollingworth.
Toople shares were trading 8.6% lower on Wednesday at 0.31 pence each.