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14 Jan 2019 | 09:39

Pelatro sees annual revenue, profit in line with its expectations

Marketing software group Pelatro said it expected its full-year revenues and profits to be in-line with its expectations.

The company also said it ended the year with $2.2m in gross cash and just under $1.8m in net cash.

Customer numbers now amounted to 14, up from six when the company was established in 2013.

'The company has experienced significant growth in the year and the board is encouraged by its momentum and pipeline, with visible revenue of around $4.4m for the financial year 2019 and around $15m in the pipeline,' Pelatro said.

At 9:39am: (LON:PTRO) Pelatro Plc share price was +1p at 73p

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