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7.65    0.25 (3.38%)
Bid:
7.40
Ask:
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Spread: 0.50 (6.757%)
Market Cap: £3.35m
FDBK Live PriceLast checked at - London Stock Exchange

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Trading Update

21 Sep 2016 12:30

RNS Number : 4565K
Feedback PLC
21 September 2016
 

21 September, 2016

 

Feedback plc

("Feedback" or the "Company")

Trading Update

Feedback plc (AIM: FDBK), the medical imaging software company, is pleased to announce an update on current trading.

The Company has made good progress in conjunction with Alliance Medical on a technical solution that would allow the integration of TexRAD into Alliance's network of PET/CT scanners in UK hospitals and a prototype version has already been demonstrated to potential users. The next steps will include applying for a CE mark for a medical device which provides analysis of lung PET/CT images with added prognostication through TexRAD.

The number of new purchase orders received for TexRAD research versions has increased significantly in recent months leading to expectations of a much improved cash inflow over the next few months. However this follows a period of about 12 months where sales of research versions were at a lower level and mainly to existing customers. We are now assessing whether the present high level of sales can be continued with additional sales support.

Our final results for the financial year ended 31st May 2016 are scheduled to be announced in October 2016. These are expected to show turnover significantly ahead of the previous year and a substantially reduced operating loss.

 

For further information contact:

Feedback plcAlastair Riddell

Tel: 01954 718072

Allenby Capital Limited (Nominated Adviser and Joint Broker)David Worlidge / James Thomas

Tel: 020 3328 5656

Peterhouse Corporate Finance Ltd (Joint Broker)Lucy Williams / Duncan Vasey

Tel: 020 7469 0936

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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TSTBBGDCDDDBGLB
Date   Source Headline
19th Oct 20063:46 pmRNSHolding(s) in Company
17th Oct 20069:53 amRNSDirector/PDMR Shareholding
28th Sep 20065:25 pmRNSPosting of accounts
27th Sep 20067:01 amRNSFinal Results
18th Apr 20064:55 pmRNSHolding(s) in Company
21st Feb 20061:04 pmRNSHolding(s) in Company
17th Jan 20068:28 amRNSHolding(s) in Company
14th Dec 20057:01 amRNSInterim Results
30th Nov 20052:34 pmRNSHolding(s) in Company
23rd Sep 20052:53 pmRNSConversion of Securities
10th Aug 20057:01 amRNSFinal Results
21st Jul 20055:06 pmRNSHolding(s) in Company
11th Jul 20055:21 pmRNSConversion of Securities
14th Apr 200512:23 pmRNSConversion of Securities
16th Mar 20051:07 pmRNSDisposal
28th Feb 20055:04 pmRNSCirc re. EGM
24th Feb 200512:49 pmRNSStatement re Pension Scheme

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