News blog
Netcall
- BY: Andrew Hore |
- POSTED: 29/01/2009 |
Netcall says its first half trading shows significant improvement.
The telecoms call-back and auto-messaging software provider says that revenues from the financial services sector has remained steady. The growth has come from newer sectors. Management is cautious about the prospects for the second half but Netcall does have a pipeline of potential new business.
Revenues have increased 19% to £2m in the six months to December 2008, while operating profit has doubled to £400,000.
Cash increased from £2.9m to £3.6m in the six months to December 2008. This is after £400,000 spent on share buy-backs.
Shares in Netcall rose 1.5p to 14p each, which values the company at £8.76m.
Roger Allsop is taking over as chairman from Ron Elder.
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