EU Supply, the e-procurement software provider, has nearly reached the point of monthly run rate operating profitability. Reaching operating breakeven will be a major milestone, reducing financial constraints and providing a platform for growth. The business has potential to benefit from a scalable and already functional software platform and repeat revenue model, ahead of the requirements for EU public bodies to manage essential phases of tenders electronically by October 2018, and beyond 20
17 Nov 2016
Major milestone imminent - Approaching monthly run rate operating profitability
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Major milestone imminent - Approaching monthly run rate operating profitability
EU Supply (EUSP:LON) | 0 0 (-6.0%) | Mkt Cap: 8.50m
- Published:
17 Nov 2016 -
Author:
Gareth Evans -
Pages:
12
EU Supply, the e-procurement software provider, has nearly reached the point of monthly run rate operating profitability. Reaching operating breakeven will be a major milestone, reducing financial constraints and providing a platform for growth. The business has potential to benefit from a scalable and already functional software platform and repeat revenue model, ahead of the requirements for EU public bodies to manage essential phases of tenders electronically by October 2018, and beyond 20