News blog

OneClickHR

  • BY: Andrew Hore |
  • POSTED: 29/03/2009 |
  • COMMENTS: Add yours

OneClickHR reported better than expected profits for 2008.

The company moved from a loss of £46,000 to a profit of £304,000. Revenues fell from £6.34m to £5.85m.

OneClickHR develops human resources software, which is available online and offline. The size of customer accounts varies. Hilton Hotels is generating revenues of around £200,000 a year while other smaller customers are paying hundreds of pounds a year. OneClickHR hopes to migrate more of its older customers to new versions of its .NET product.

Chief executive Frank Beechinor-Collins says that sales cycles have not changed. They remain around three months.

The business is cash generative and cash doubled to £861,000. The company has gross tax losses of more than £8m.

Shares in OneClickHR rose by 0.625p to 5.25p each, which values the company at £7.81m.

House broker KBC Peel Hunt forecasts 2009 profits of £400,000. 

© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

African Potash Ltd

Phil Edmonds shell African Potash Ltd is buying a potash asset in the Republic of Congo.

Continue reading... | 04/02/2012

Plus Markets Group

Plus Markets Group has put itself up for sale.

Continue reading... | 03/02/2012

Manroy

Heavy machine guns supplier Manroy has reported its first annual figures as a quoted company but the real benefits of its recent investments will not show through until the second half of this financial year.

Continue reading... | 02/02/2012

Hangar 8

Passenger jet manager and operator Hangar 8 is taking a 49% stake in a new Malta-based business, which has been awarded an Aircraft Operators Certificate (AOC).

Continue reading... | 02/02/2012

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds