RE: Starcom 2018 presentation1 Oct 2018 10:18
- Revenues up 61% to $3.1m (H1 2017: $1.9m)
• Gross profits up 36% to $1.2m (H1 2017 $0.9m)
• Gross margin up to 40.0% (2017: 38.0%)
• EBITDA loss down to $40,000 (H1 2017: loss of $283,000) before share option provisions
• Recurring SAS revenues up 15% to $890,000 (H1 2017 $775,000)
• Improved revenue mix – reliance on low margin Helios products reduced to 34% (FY2017, 58%)