ATTRAQT’s interim results displayed another period of strong execution from the team, with revenue growth of 40% y-o-y and a much reduced EBITDA loss. The annualised revenue exit rate at the end of June is also up 45% to £2.6m. We believe the group is on track to reach EBITDA and cash break-even during H2 with no further requirements for cash. The group is meeting the significant market opportunity with strong execution and we are positive on its prospects.


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40% growth; on track to break-even in H2’15
- Published:
09 Sep 2015 -
Author:
Singer CM Team -
Pages:
7 -
ATTRAQT’s interim results displayed another period of strong execution from the team, with revenue growth of 40% y-o-y and a much reduced EBITDA loss. The annualised revenue exit rate at the end of June is also up 45% to £2.6m. We believe the group is on track to reach EBITDA and cash break-even during H2 with no further requirements for cash. The group is meeting the significant market opportunity with strong execution and we are positive on its prospects.