Cambridge Cognition has today released a trading update for the year ending 31 December 2017. Sales order pipeline value as at 1 January 2018 is up 56% on the prior year as two large contracts with a combined value of c£2.3m will now fall into H1 2018. Consequently, revenue is likely to be marginally below FY16 (£6.9m) with EBITDA (before share based payment charges) broadly breakeven for FY17. The update also highlights COG’s successful strategic shift towards building a strong pipeline and sta ....
10 Jan 2018
Trading Update – Order pipeline up, timing factor hits revenue
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Trading Update – Order pipeline up, timing factor hits revenue
Cambridge Cognition Holdings Plc (COG:LON) | 52.0 0 0.0% | Mkt Cap: 18.3m
- Published:
10 Jan 2018 -
Author:
Thomas Like -
Pages:
2
Cambridge Cognition has today released a trading update for the year ending 31 December 2017. Sales order pipeline value as at 1 January 2018 is up 56% on the prior year as two large contracts with a combined value of c£2.3m will now fall into H1 2018. Consequently, revenue is likely to be marginally below FY16 (£6.9m) with EBITDA (before share based payment charges) broadly breakeven for FY17. The update also highlights COG’s successful strategic shift towards building a strong pipeline and sta ....