Highlights:
- Gross revenue up 14% to £1.890 m (2007:£1,658 m)
- Gross profit up 14% to £1,421 m (2007: £1,252 m)
- Operating costs down by 5% to £1,654 m (2007: £1,739 m)
- Loss for the period reduced by 55% to £0.233 m (2007: £0.518 m)
"We have continued to grow revenues by double-digit figures for the year ending 31st December 2008 - this is the eighth consecutive quarter where we have increased growth. Despite the testing times we continue to win new business, most recently securing a 5-year contract with the UK Environment Agency to supply and host our award winning web-based collaborative Software as a Service (cSaaS)."
Tony Ryan, CEO
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