Great RNS this morning from PINN. Basically
110% increase in operating profit (2) to £165,299 (2010: £78,647).
· 67% increase in positive EBITDA (1) to £249,880 (2010: £149,379).
· 18% increase in gross profit to £2,464,529 (2010: £2,089,457) a rise of £375,072.
· 60% decrease in the loss for the year (3), falling to £98,305 (2010: £246,072).
· 29% increase in turnover of £1,913,546 to £8,522,079 (2010: £6,608,533).
· 740% combined turnover growth since 2007.
· 84% of turnover now relates to recurring and contracted revenues (2010: 81%).
so it will be interesting to see what happens to the sp today! For a small company, they now seem to be on the way up via acquisitions and good contracts.
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