Synety has released interim results for the six months to June 2015 showing 37% h-o-h revenue growth and a reduction in opex costs. The group had net cash of £3.0m at the half year end which we believe will be sufficient to reach break-even on the current trajectory. A revised strategy focusing on larger customers, cash generation and improved sales processes has been implemented and is starting to see results. We reinstate forecasts to reflect the change in strategic emphasis and anticipate an ....
