RE: .21 Feb 2019 07:44
Investment for growth - and its working... :
Commenting on the results for the period, James Barham, Chief Executive Officer said:
"I'm pleased with the steady financial progress that we have made over the last six months and the strong growth in our key leading indicators, in particular the new business recurring ACV values signed in the period. The high proportion of new business being generated from partners is validating our initial investments in our channel-first go to market strategy, and we intend to add other select global leading partnerships in the future as our brand and reputation continues to grow internationally. Our operational focus on engineering and implementations, to both enable these partners and deploy services for their customers, is paramount as we scale the business both in the UK and North America."
Chris Fielding, Chairman of the Board added:
"PCI Pal has reached a key point in its development. The management team has made positive progress against our principal strategic and operational objectives to be able to scale the business in line with our growth ambitions.
"We are all genuinely excited that we have the right strategy and team in place to take advantage of the significant market opportunities ahead and look forward to reporting to our shareholders further progress over the coming months."