Facts26 Apr 2014 12:35
The past four years' outlook statements are published below.
Note the explanation for the revenues drop.
Note that 2014 is the first time that "rapidly expanding"is mentioned.
Note that for the first time the Directors indicate that the benefits are being seen in the first two months trading.
2011 outlook statement
The market for digital publishing technology and services is expanding as the use of the iPad, iPhone, eReaders, smartphones and tablet devices increases. This demand is driving the requirement for publishers to ensure their content is optimised for delivery across all these platforms. In addition, the adoption of the DITA standard by technology companies for technical documentation is accelerating. The flexibility and performance of our Stilo Migrate service puts us in a strong position to capitalise on these market trends.
Additionally, we will seek to complement our publishing technology through the building of strategic relationships with offshore service providers, and to seek acquisition opportunities.
Sales of SAP®-related services are expected to reduce in 2011 as our UK Defence customers face government budget cuts. We will be seeking to offset the impact of this, primarily with increased sales of our Product Change Impact Analysis tool to new customers in the UK and international markets.
Overall, we look forward to growing the profitability of the company in 2011, and continuing the strategy of becoming primarily a technology supplier with a highly scalable business model.
2012 outlook statement
Stilo had a cash balance of £939,000 as at 31 December 2011 (31 December 2010: £494,000). This significant improvement in the year-end cash position provides a stable financial base for the Company and will support continued investment in product development, sales and marketing. However, overall costs will continue to be carefully managed in order to maintain cash reserves at a satisfactory level.
2013 outlook statement
With an expert development team, a global customer base, growing adoption of Migrate and a strong cash position, we look forward to making further progress in 2013."
2014 outlook statement
The global market for dynamically publishing digital content to desktop computers, laptops, tablets and mobile devices is expanding rapidly. Trading in the two months of the current year has been in line with management forecasts. We look forward to continuing to build upon our leading position in the DITA XML content conversion market, and to press ahead with the development of new XML content processing solutions.