FY18 performance in line with forecast and January’s pre-close statement for ECSC, the UK’s longest running full service cyber security provider (Consultancy, Managed Services and Incident Response). There was 35% organic revenue growth to £5.4m as ECSC continues to take market share while adj. EBITDA losses reduced £2.3m to £0.6m (ACLe: £0.7m) - ECSC returned to profit in Q4. This substantial reduction in losses reflected the combination of increased revenue, higher gross margin from increased ....
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Better utilisation drives gross margin
- Published:
13 Mar 2019 -
Author:
David Johnson -
Pages:
2
FY18 performance in line with forecast and January’s pre-close statement for ECSC, the UK’s longest running full service cyber security provider (Consultancy, Managed Services and Incident Response). There was 35% organic revenue growth to £5.4m as ECSC continues to take market share while adj. EBITDA losses reduced £2.3m to £0.6m (ACLe: £0.7m) - ECSC returned to profit in Q4. This substantial reduction in losses reflected the combination of increased revenue, higher gross margin from increased ....