19 June 2017 – trading update
The group has issued a trading update covering the year to 31 May and now expects revenues for the year to be £35.4m (2016: £13.6m) and operating profit before amortisation of intangibles of £1.7m (2016: operating loss of £6.8m). Net cash at the year end was £2.6m (2016: net debt of £0.3m). Final results are due to be announced on 1 August and we continue to believe the shares are ATTRACTIVE.