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Inspectron Holdings

  • BY: Andrew Hore |
  • POSTED: 26/10/2008 |

Inspectron Holdings moved into profit in the year to July 2008.

The security printing business almost doubled its revenues to £2.59m. A £1.24m loss was turned into a profit of £131,000. There is net cash of £504,000.

Inspectron, which used to be known as Formscan, is the final one of the first 10 Aim companies remaining on the junior market. The majority of its activities were sold in July 2008 for £75,000 plus the repayment of a inter-company loan of £250,000.

Inspectron hopes that its business will be more resilient than others during the current downturn.

At 7.25p a share, Inspectron is valued at £910,000.

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