For info, DYOR n all that!25 Aug 2015 00:02
over last 6mths-9ths
1- almost halved pre tax loss and now moved into small profit in the first half of 2015-16 - and one part of larger contract by winning £600k contract in May 2015
2- starting to see returns on investment in their ground breaking technology e.g
to deliver a fully
automated system for packing and handling a complete range of profiled steel
sections. The first phase of the contract (of three potential phases), with a
value of £650,000, will commence immediately and is due to be delivered by end
December 2015.
3- got 2 investors who have both built up 8%+ stakes
4- hints in half year report of more to come and have invested in 2014 for the upturn as seen by this comment in interims results
During the period, the order intake at QM Systems has hbeen strong. We enter the
second half of our financial year with a healthy order book and a substantial
sales pipeline. We have continued our recruitment drive with the addition of
manufacturing and system controls engineers to the team