Prelims from ECSC Group, the UK’s longest running full service cyber security provider, were in line with expectation and January’s pre-close update. FY19 revenue of c. £5.9m (+10%) indicates record H2 revenue of £3.3m, up 20% on H2 FY18 and 24% on H1 FY19. Managed Services revenue increased 48% to £2.6m and its higher gross margin benefited group GM (+600bps to 57%). ECSC secured 118 new Consulting Service clients (+24%) both directly and via its new partner pro
25 Mar 2020
Return to profit; good Q1 performance
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Return to profit; good Q1 performance
- Published:
25 Mar 2020 -
Author:
David Johnson -
Pages:
2
Prelims from ECSC Group, the UK’s longest running full service cyber security provider, were in line with expectation and January’s pre-close update. FY19 revenue of c. £5.9m (+10%) indicates record H2 revenue of £3.3m, up 20% on H2 FY18 and 24% on H1 FY19. Managed Services revenue increased 48% to £2.6m and its higher gross margin benefited group GM (+600bps to 57%). ECSC secured 118 new Consulting Service clients (+24%) both directly and via its new partner pro