News blog
Strategic Thought
- BY: Andrew Hore |
- POSTED: 08/04/2010 |
Risk management software supplier Strategic Thought says that its figures for the year to March 2010 will be much better those of the previous year but they will be lower than forecast.
Revenues are expected to be more than one-third higher at £8.2m and the operating loss will fall from £1.8m to around £400,000.
The revenue figure would have been higher if it had not been for two delayed contracts. New contract wins augur well for the current year and FinnCap still expects Strategic Thought to move into profit in 2010-11 thanks to the reduction of overheads.
There was cash in the bank of £1.8m at the end of March 2010.
The full year figures will be published on 12 May.
At 33p a share, down 4.5p, Strategic Thought is valued at £8.69m.
© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|