The leading specialist in digital identity, credential management and secure mobility.
Trading Update For The 6 Months To End March 2018 – First half revenues increased by approximately 30% compared to the previous period to more than £3.6m, £2.8m previously – Cash balance also improved. This seems generally positive – Stockopedia classes it as “Speculative” and one could even be tempted to take a punt here.
I think it’s worth keeping an eye on future updates – Until there is a confirmed return to profitability.
27-Nov-2017 – 28.5p – £14.4m – PER n/a
Interim Results For The 6 Months To End September 2017 – Revenue up 29% to £3.7m (2016: £2.8m), Loss down by 23% to £2.1m (2016: £2.8m), a basic loss per share of 4.3p (2016: 5.7p) with Cash balances of £4.8m (2016: £1.4m). The Chairman is pleased with the progress and expects Revenue growth of 10% – 20% for the year – Assume there will not be a profit.
Revenue growth here is good and it’s got Cash but apart from that there’s no attraction for me.