News blog

Stilo International

• BY: Andrew Hore |
• POSTED: 11/09/2014 |

Content conversion software supplier Stilo International was hit by lower OmniMark software licence sales in the first half but sales of cloud content conversion software Migrate should make up for this in the second half. 

In the six months to June 2014, revenues fell from £733,000 to £617,000 and pre-tax profit dipped from £72,000 to £39,000. Even so, Stilo has announced a maiden interim dividend of 0.03p a share.

Web-based authoring product for larger companies AuthorBridge should be released in early 2015.

There was a small cash inflow after payment of the 2013 final dividend. There was £1.09m in the bank at the end of June 2014.

At 3.38p a share, down 0.63p, Stilo is valued at £3.71m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFSeptember2014_60.pdf