Tick Tock..14 Mar 2017 15:42
Financial Summary
· Invoiced sales up 42% to £1,007,074 (2015: £707,502)
· Revenue up 9% to £774,825 (2015: £708,717)
· Deferred revenue up 593% to £270,321 (2015: £39,004)
· Year-on-year operational spend, including capital expenditure, reduced by £472,975
· EBITDA loss of £1,787,406 (2015: £2,085,750)
· £4,007,101 received from the issues of new shares in the year, net of costs
· Debt free with cash and cash equivalents of £3,711,033 (2015: £1,675,695)