Forbidden Technologies says that its trading has improved significantly.
It has taken a long time but revenues are starting to build up. The web-based video post-production technology developer has gained new broadcast industry clients and is also picking up business from small websites.
Forbidden should increase revenues by 40% in 2008 and is already on course to double them in 2009. These are still small amounts in monetary terms. Revenues were £71,000 in 2007 and they dipped slightly in the six months to June 2008.
Shares in Forbidden jumped 1.5p to 5.5p each, which values the company at £4.19m.
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