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Appreciate narrowed first-half losses as revenues rose by more than a fifth led by a jump in billings growth on increased demand.
For the six months ended 30 September 2019, pre-tax losses narrowed to £1.3m from a loss of £1.5m on-year, and revenue increased by 21.3% to £33.2m.
Billings grew by 12.5% to £40.1m benefiting from significantly increased customer numbers, the company said.
An unchanged interim dividend of 1.05p per share was declared.
Looking ahead, the company said it continued to expect the majority of annual revenues and profit would be generated in the second half of the year.
At 9:52am: (LON:APP) share price was +0.7p at 48.6p