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Rubicon Software

  • BY: Andrew Hore |
  • POSTED: 28/05/2010 |

Customer relationship management software provider Rubicon Software expects its revenues to be 28% lower in year to June 2010.

Last year, revenues fell from £1.23m to £874,000. The latest decline means that 2009-10 revenues are likely to be around half of the 2007-08 level.

Development of Accelerator 2010 software continues but the marketing won’t start until the next financial year.

Rubicon has competed its recent refinancing.

At 1.12p a share, Rubicon is valued at £450,000. The share price has more than halved over the past year.

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