Last checked at 16 Jul 2019 12:39
This announcement contains inside information
16 July 2019
GRC International Group plc
("GRC International", the "Company" or the "Group")
Notice of Results and Business Update
GRC International Group plc (AIM:GRC), the one-stop shop for cyber security and data compliance products and services (including GDPR), expects to announce its unaudited preliminary annual results for the year ended 31 March 2019 on Monday, 22 July 2019.
The Company's unaudited preliminary annual results are expected to show revenue of approximately £15.8 million, an underlying EBITDA loss of approximately £4.3 million and a loss before tax, exceptional items and share based payments of approximately £5.1 million.
As announced on 2 April 2019, the year ended 31 March 2019 was a year of significant investment in new business areas and geographies which, as expected, impacted short-term profitability. Within the final quarter of the year ended 31 March 2019 the Group saw a return to positive EBITDA and positive cash generation as the benefits of these investments came through.
Enquiries
GRC International Group plc Alan Calder (CEO) Chris Hartshorne (Finance Director)
| www.grci.group +44 33 3800 7000 |
Grant Thornton UK LLP (Nomad) Philip Secrett/ Jamie Barklem/ Ben Roberts
| 020 7383 5100 |
Dowgate Capital Limited (Broker) James Serjeant | 020 3903 7717 |