Log in to your IBTimes Account

close
ID
Password

FFastFill revenues up 3%



19 November 2009 @ 08:48 am BST

First half revenues at software as a service provider FFastFill rose 3% to 7.04m.

SaaS revenues rose 27% to 5.11m and the 12-month SaaS order book increased to 10.51m - up from 8.95m.

The firm posts an operating profit of 0.5m compared with a loss of 0.4m last time and a strong cash position with 3.1m at 30 September - up from 2.2m at the end of March.

Executive chairman Keith Todd said the firm's robust performance was delivered in a market recovering from the financial storms of 2008 and resulted from the strength of its SaaS business model and the effect of the cost saving.

Hed added: "With renewed stability and confidence returning to our markets, we are cautiously optimistic that will be able to continue to grow strongly."

Story provided by Business Financial Newswire

© 2009 BFNNews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Markets
European Nickel has repaid a $5m loan provided by Endeavour Financial Corporation.European Nickel said the repayment followed its placing to raise $19.4m...
UK retailers experienced their worst start to the year for nearly fifteen years, according to the British Retail Consortium.Sales in January fell 0.7% co...
Kiotech International expects to report a very successful year in line with market forecasts.The firm says it has seen significant growth in trading from...

advertisement
 
 
IBTimes © 2010 The IBTimes Company Ltd. All Rights Reserved. Partners