06-Nov-2018 00:18:44

Asite announces 85% operating profit growth in its 2018 Annual Report

Posted by Adoddle on 06-Nov-2018 00:18:44
Adoddle

Asite, a global leader in collaborative software in the cloud, announced today that it has published its 2018 Annual Report. The report provides extensive information on the company and its businesses, its strategy and sustainability approach, its achievements, financial performance and governance. The report can be accessed on the following link: https://www.asite.com/company-investor-relations


Asite are pleased to report that the Group has continued its growth and global footprint over the past 12 months. For the four quarters ended 30 June 2018 Operating Profit increased 85% to £1,357,702 up on the previous year (2017 £733,370) and revenue increased by 12% to £8,004,773 (2017 - £7,149,764).

 

Tony Ryan Asite CEO, "Our strategic decision to create our Common Data Everywhere (CDE) ecosystem, means that we are firmly placed at the centre of our industry.


Our offices across the globe now give us the depth to achieve our future goals.

 

During this period, we have continued to deliver successful new versions of our Adoddle Platform including the first instant messaging app (aMessage) within our controlled and audited Environment.

 

Our technology continues to push the boundaries of Research and Development for our customers and those we have not yet met. Our team continues to grow adding fresh talent for the next question."

 

About Asite

Asite’s cloud technology gives everyone involved in construction projects access to key information online. It allows for increased collaboration, fewer mistakes, reduced rework, and time and cost savings. Asite’s Adoddle platform allows firms to store and manage all project data in one central and secure repository. It also enables customers to fully customize the structure of their content with highly controlled access and rich configurable workflows to allow project controls. The Adoddle platform is used by leading architecture, engineering and construction firms as well as property owners worldwide to manage their largest and most demanding capital investment programs.

 

Adoddle helps people manage their projects and supply chains collaboratively, accessing the information they need, when and where they need it. It enables AECO companies to measure and track capital projects and asset operations.

 

Asite was founded in 2001 and is headquartered in London’s Tech City in the UK, with North American operations based in New York, and regional offices in Australia, India, the Middle East and South Africa. For more information, please visit http://www.asite.com