Little bit of info28 Sep 2007 12:23
And in a huge endorsement of the company, in August
Microsoft signed a global technical and marketing agreement
with Proactis to deliver “off-the-shelf” integration with its own
rapidly growing Enterprise Resource Planning system. Microsoft
is aggressively promoting its business software – and with a
huge level of marketing muscle behind it, this must be a
massive opportunity for Proactis.
Well, next month Proactis should
report 2007 sales of around £5.9m for the 12 months to July.
Earnings per share, however, will be held back due to
investments in its exciting North America launch and nonrecurring
costs arising from acquisitions. Next year, the
company should move firmly into the black with turnover rising
by over 40%.With a market capitalisation of only £20m and no
debt, this hi-tech company looks good value for the more
adventurous investor.