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Strategic Thought

  • BY: Andrew Hore |
  • POSTED: 10/11/2010 |

Risk management software supplier Strategic Thought has reported a lower interim loss.

Revenues fell from £3.58m to £3.02m in the six months to September 2010. Support revenues rose but software sales and services revenues were lower. The loss fell from £769,000 to £311,000 helped by lower overheads.

Net cash was £1.92m at the end of September 2010.

House broker FinnCap forecasts a full year profit of £800,000. This assumes that there is a normal conversion ratio of the potential licence order pipeline.

At 38.5p a share, Strategic Thought is valued at £11.7m.

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