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smartFOCUS

  • BY: Andrew Hore |
  • POSTED: 21/07/2009 |

smartFOCUS says that its interim figures will be even better than expected.

The share price rose 1.5p to 7.75p, which values the marketing and consumer relationship software provider at 7.27m. The shares have nearly doubled over the past six months.

The switch to the SaaS model is bearing fruit and renewal rates remain high.

Revenues are expected to be 13% ahead suggesting a figure of around 5.65m. The trading statement says that profits will be significantly ahead of last year but smartFOCUS reported a 649,000 loss in the six months to June 2008.

There was cash in the bank of 1.5m

The interim figures will be published in late September.

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