29 May 2019
Cenkos: Rosslyn Data Technologies Plc - Operating cash flow positive
Rosslyn generated positive operating cash flow last year, a major milestone for the business. The quality of new business signed is high and we see double-digit revenue growth rate going into 2020E. This revenue growth will help finance investment in new expansionary product areas and sales support. The Board has recently been significantly strengthened and we are Buyers of the discounted valuation.
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Cenkos: Rosslyn Data Technologies Plc - Operating cash flow positive
Rosslyn Data Technologies PLC (RDT:LON) | 10.5 0 0.0% | Mkt Cap: 1.85m
- Published:
29 May 2019 -
Author:
Cavendish Research -
Pages:
5
Rosslyn generated positive operating cash flow last year, a major milestone for the business. The quality of new business signed is high and we see double-digit revenue growth rate going into 2020E. This revenue growth will help finance investment in new expansionary product areas and sales support. The Board has recently been significantly strengthened and we are Buyers of the discounted valuation.