This is the main part24 May 2019 10:43
I liked in the results
Outlook
Contracted revenue for FY 2019 was £88m at 31 December 2018, and the Board therefore expects revenues to exceed the level recognised in FY 2018. The Board is, however, anticipating the year on year growth rate to be significantly below that previously achieved as a result of a more prudent level of bookings being targeted.
The Board targets gross margin of between 7.5 per cent. and 10 per cent. for FY 2019 and remains committed to managing overheads to target a positive adjusted EBITDA as soon as possible.