IT services provider Maxima Holdings says that revenues and operating profit will be in line with expectations in the year to May 2009.
The results will also include intangible asset write-offs and reorganisation costs. This means that there will be an overall loss for the year.
Maxima has added 87 new clients during the year. More than one-half of total revenues are recurring.
Net debt was £15.5m at the end of May 2009. That is £1.8m lower than six months before. Maxima has bank facilities of £18.75m.
Former Netstore chief executive Graham Kingsmill and ex-Netstore finance director David Memory took over those roles at Maxima in April 2009. Kelvin Harrison switched from chief executive to chairman.
At 86.5p a share, down 1p on the day, Maxima is valued at £21.9m.
The full year figures will be released on 4 August 2009. A full review of operations will be announced at the same time.
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