Improved Financial Performance18 Jul 2020 17:03
Improved financial performance
· Revenues of approximately £1.2 million, up 60 per cent. (2018: £0.751 million)
· Revenues for Verify - Location Sciences' proprietary platform - up more than 9 times compared to £0.5 million (2018: £53,922)
· Achieved a 60% increase in like-for-like sales; revenue from location data and Insights delivered £710,700 (2018: £697,931) and Verify £495,554 (2018: £53,922)
· Reflecting the increased investment in Verify administrative costs (excluding amortisation and depreciation and non-recurring items) rose by 49% to £2,545,767 (2018: £1,706,083)
Revenues Up £450;000
Costs up £840,000
Amazing Results !
Can’t wait for the next set of results