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Rubicon Software

  • BY: Andrew Hore |
  • POSTED: 08/07/2008 |

Full year figures will be in line with expectations at Rubicon Software.

This is impressive considering the financial services customer base for Rubicon’s Accelerator customer relationship management software. Rubicon has continued to win new business despite the credit crunch and it has also cut its costs. 

Rubicon Software supplies customer relationship management systems to UK financial services businesses. The main software product is called Accelerator and it is used by companies with a large retail customer base for loan, mortgage, insurance, savings and investment products. It is designed to improve customer service and sales targeting. Licence sales provide either one-off or annual revenues. Recurring maintenance revenues are becoming increasingly important.

WH Ireland forecasts a loss of £190,000 on revenues of £1.26m in the year to June 2008. This is a reduction in revenues from £1.38m last year but the loss is also lower.

Rubicon is valued at £440,000 at an unchanged share price of 1.13p. Woking-based Rubicon raised £770,000 at 10p a share when it joined Aim on 6 September 2006.

The full year figures should be released on 19 November. 

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