LONDON (Alliance News) - Software company dotDigital Group PLC on Tuesday posted a rise in revenue across the board in the first half as it boosted its US and partner channel sales.
The company said revenue for the six months to the end of December rose 31% to around GBP10 million, from GBP7.6 million last year. Monthly recurring revenue from its dotMailer business rose around 28% to GBP7.4 million from GBP5.8 million last year, while creative and managed service email marketing revenue rose 57% to GBP1.1 million from GBP0.7 million.
Average revenue per client has increased by 40% to GBP400 per month, dotDigital said.
The group said it was given a boost by revenue growth in its US business, up to USD1.1 million from USD0.5 million last year, while revenue attributable to partner channels more than doubled to GBP2.2 million.
"I am delighted to report that our organic growth strategy has continued to deliver revenue growth in excess of 30% through the focus on mid-market clients," said Chief Executive Officer Peter Simmonds.
Shares in dotDigital were up 5.2% to 33.40 pence on Tuesday morning.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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dotDigital Group (DOTD)