5 May - AGM Trading Update

The AIM listed software group has issued a trading update to coincide with its AGM which has revealed that trading was strong in the first four months of 2022.  This has been driven by strong customer demand whilst the integration of the technologies acquired last year is progressing according to plan.  As a result the company remains on track to meet full year expectations for 2022 of revenues of £17m with adjusted EBITDA expected to be close to break even.  This is clearly an encouraging statement and we maintain our recommendation of BUY

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