Archived article
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.
Document management and productivity software maker GetBusy said it had started the new year well as revenue climbed 10% in the first four months of the year.
For the 4 months ended 30 April 2021, recurring revenue was up 12% compared to the same period last year and total revenue up 10%.
SmartVault led the recurring revenue growth, with a 44% increase in the value of new business over the period, the company said.
'The average selling price of new business has been over 40% higher per customer than the same period in 2020, reflecting early success in the board's strategy to broaden SmartVault's appeal to larger clients,' the it added.
Net cash stood at £2.1 million at 30 April 2021, and the £2 million loan facility remained entirely undrawn.
At 9:29am: (LON:GETB) Getbusy Plc share price was 0p at 79.5p