Interims to January are in line with the February trading update and unchanged expectations to July 2016. Adjusted EBITDA of £2.47m was delivered from revenue of £8.7m, with 23 new ‘logos’ (1H15: 20) yielding initial contract value of £3.7m (1H15: £2.6m). With visibility from annualised recurring revenue of £14.5m, 2H will be further supported by the February acquisition of Due North, while opportunities in the Supplier Network and Accelerated Payment
27 Apr 2016
Discovering the potential
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Discovering the potential
- Published:
27 Apr 2016 -
Author:
Andrew Darley -
Pages:
12 -
Interims to January are in line with the February trading update and unchanged expectations to July 2016. Adjusted EBITDA of £2.47m was delivered from revenue of £8.7m, with 23 new ‘logos’ (1H15: 20) yielding initial contract value of £3.7m (1H15: £2.6m). With visibility from annualised recurring revenue of £14.5m, 2H will be further supported by the February acquisition of Due North, while opportunities in the Supplier Network and Accelerated Payment