Trading continues to be strong at OneClickHR.
The developer of human resources software says that revenues are ahead of last year in the first four months of 2009. The enterprise software product HR.net is being sold to new sectors such as defence and insurance. The company has also won its first customers in North America.
A reorganisation of the training business should lead to some cost reductions.
KBC Peel Hunt is maintaining its 2009 profit forecast at £700,000.
The shares jumped 0.625p to 6.75p each, which values OneClickHR at £10.04. The 2009 prospective multiple is 17.
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