1 March 2022 - final results

The AIM-listed software group has announced its results for the year to 31 December 2021 and these have come in much in line with expectations.  Revenue rose to £15.8m (2020: £13.7m) whilst the adjusted loss before tax increased to £1.22m (2020: loss of £0.93m).  The group continues to invest in its product portfolio and yet, despite this, net cash at the year was was up to £2.7m (2020: £2.3m) ahead of expectations.  The company is well placed to make further progress in 2022 as it enters new markets . . .

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