half yearly report26 Nov 2013 08:04
Financial Highlights
· Revenues £9.3m (2012: £6.4m) +46%.
· Revenues, excluding acquisitions, £8.0m +26%.
· Gross Profit £2.0m (2012: £1.2m) +68%.
· Gross profit margin increased from 19% to 22%.
· Loss before tax £1.1m (2012: £2.9m).
· Adjusted EBITDA improved from a loss of £0.7 million to a small profit of £28,000.
Operational Highlights
· Capita contract producing improved volumes and revenues.
· Continued growth of information and intelligence products.
· Launched German and French political monitoring service.
· Sales focus on US market producing results.
· Continued investment in technology platform.
· Acquisitions, Total Politics and Holyrood Communications, contributed £0.17m to EBITDA from pre ownership losses.