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Marketing platform group System1 said its third-quarter revenue rose 8% year-on-year, while profitability was in line with its expectations.
Revenue in the three months through December had risen to £6.5 million, with data products represented 43% of the total.
Year-to-date revenue was up 17% at £18.9 million and period-end cash, net of borrowings, was £8.1 million, compared with £6.5 million at end-March 2021.
'Profitability was in line with management's expectations and reflected an increase in expenditure on people and platform as highlighted in the interim results announcement,' System1 said.