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Trading Statement

6 Jul 2010 07:00

RNS Number : 8581O
NetDimensions (Holdings) Limited
06 July 2010
 

 

 

6 July 2010

NetDimensions (Holdings) Limited

("NetDimensions" or "the Company")

 

 

Pre-Close Trading Update

 

NetDimensions (AIM: NETD), a global provider of performance, knowledge and learning management systems, provides the following update on trading for the six month period to 30 June 2010.

 

The Company reports that revenue has increased in line with market expectations, up by 11% to US$3.38 million (30 June 2009: US$3.05m).

 

The Company still maintains a healthy cash position at US$6.3 million, down US$0.5m versus the same period in 2009 partly due to the acquisition of the EKP (Enterprise Knowledge Platform) business from the Company's UK partner, as announced on 24 April 2010. At 30 June 2010 currency rates the cash position equates to 16.7p in cash per share (30 June 2009: 16.5p).

 

 

Enquiries:

 

NetDimensions

Jay Shaw

Clarence Wu

Robert Torio

 

+852 2122 4500

investor-relations@netdimensions.com

 

 

Arden Partners

(Nomad & Broker)

 

Fred Walsh

Matthew Armitt

+44 (0) 20 7614 5917

fred.walsh@arden-partners.com

matthew.armitt@arden-partners.com

 

Walbrook PR

(Financial PR)

Ben Knowles

 

+44 (0) 20 7933 8788

+44 (0) 7900 346 978

 

ben.knowles@walbrookpr.com

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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