skip to content

Annual Results

Access Intelligence recurring revenues rise

11 April 2016 08:26

Access Intelligence posts a loss of £3.2m for the year to the end of November compared with GBP1.1m in 2014.

Revenue from continuing operations rose by 89% to GBP8.1m and recurring revenue from continuing operations increased 99% to GBP7.5m.

The group said it had made a strategic shift in focus with increased emphasis on the development of the reputation and risk management divisions of the business.

Non-executive chairman Michael Jackson said it had been a pivotal year for the comoany.

"Our strategic M&A activities have refocussed the Group firmly in the Reputation Management market, whilst divesting a non-core asset in software maintenance and hosting. The EBITDA loss reflects the substantial reorganisation costs associated with Group M&A and research and development. Post year end, the Group also divested of a non-core asset Due North Ltd for £4.5 million."

At 8:26am: (LON:ACC) Access Intelligence PLC share price was 0p at 4.88p

Story provided by StockMarketWire.com

Related Company: ACC

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.