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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Loss before tax remained inline with last year at £598k, with capital discipline increasing cash to £3m in its interim report ending 30 June 2019.
Revenue was £2.5m with an additional £1.6m of new forward sales, and order book growth was 49% higher leading to a 57% expansion in Annualised Recurring Revenue.
Despite the progress the board decided that it was not appropriate to pay a dividend at this time.
Net cash generated from operations was £2.2m.