News blog
Eruma
- BY: Andrew Hore |
- POSTED: 28/09/2009 |
Eruma has raised £670,000 at 1.125p a share.
The security blinds and emergency lighting supplier had raised £125,000 at the same share price back in July. Shares in Eruma rose 0.05p to 1.53p each, valuing the company at £1.96m.
Eruma had net debt of £298,000 at the end of 2008. Eruma lost £1.48m on revenues of £658,000 in 2008. The cash outflow was similar to the loss.
In July 2009, Eruma won a £120,000emergency lighting contract with Ealing Hospital and a £60,000 contract with its partner Pentagon Protection to install security protection for five top retail banks in the UK.
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