Looking good28 Feb 2019 20:05
Financial Review
• Revenue for the period was £1,819,000, up 36% (2017: £1,339,000).
• Gross profit was £932,000, up 45% (2017: £643,000).
• Gross margins improved to 51% (2017: 48%).
• EBITDA was a profit of £156,000 (2017: loss £87,000).
• Net profit for the period after taxation of £90,000 (2017: loss of £149,000).
• The basic and fully diluted earnings per share was 0.0001 pence (2017: loss per
share 0.01 pence).
• Cash in hand at period end was £12,000 (2017: £103,000), although following
period end additional monies were received/are expected shortly from a
material overdue debtor.
Operational Review
Results for the six months to 30 September 2018 were considerably