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Ingenta

  • BY: Andrew Hore |
  • POSTED: 22/04/2019 |

Publishing software and services provider Ingenta says that the 1.5p a share final dividend goes ex-dividend on 30 May. 

In 2018, revenues fell from £14.7m to £12m, while a £800,000 profit was turned into a £1.23m loss. That was partly due to a rise in reorganisation costs from £301,000 to £840,000. The dividend was unchanged.

There was £2.5m in the bank at the end of January 2019 after a strong cash flow. Cash generated from operations last year was taken up by research and development spending and reorganisation costs. 

The benefits from the reorganisation should show through this year.

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