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Synchronica

  • BY: Andrew Hore |
  • POSTED: 16/01/2012 |

Mobile messaging services developer Synchronica says that, thanks to cost cutting, it made an EBITDA profit in November and December.

Full year revenues will be around $23m. That is more than double the 2010 figure, mainly thanks to contributions from acquisitions.

At 13.38p a share, up 1.12p, Synchronica is valued at £21.2m. Switzerland-quoted Myriad Group remains a potential bidder.

The full year figures will be released in March.

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