31 March 2014 – final results
Final results for the year ended 31 December 2013 and with the company being a relative newcomer to the market, these held few surprises. Revenue was up 16% to £5.0m and operating profit before exceptional items rose by 28% from £1.4m to £1.8m. Net cash was £4.8m at the year end following the IPO in December which brought in £3.1m after fees. A maiden interim dividend is anticipated in September. The shares remain a BUY.