Lets beat the Street ;-)8 Oct 2012 22:32
dotDigital, a provider of software as a service and managed services to the digital marketing industry, unveils full-year results on Tuesday.
In July's pre-closed period trading statement it reported that results would be in line with market expectations at the top and bottom lines, which Northland Capital Partners says suggests profit before tax of £2.7m on revenue of £11.8m (+17% and +32% respectively).
"Within this, revenue at the SaaS Email Marketing and Managed Service division increased 36% and Agency Services & Search grew 16%," Northland notes.
"The company is building up a good recurring revenue stream (73% at year-end) particularly around the dotMailer email marketing product. The company is also extending from the SME [small-to-medium enterprises] to the corporate that should increase the lifetime revenue per client,"