News blog
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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