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Nasstar

  • BY: Andrew Hore |
  • POSTED: 17/02/2010 |

Nasstar says that trading is in line with expectations.

The provider of desktop software over the internet said at its AGM that it is continuing to build momentum. The number of sales partners has doubled to 32 over the past five months.

Nasstar reported a drop in turnover from 2.1m to 2.02m in the year to September 2009. The loss jumped from 129,000 to 942,000. Net cash was 144,000 at the end of September 2009.

At 10.25p a share, up 0.5p, Nasstar is valued at 3.27m.

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