5 September 2017 – interim results
Interim results for the six months ended 30 June 2017 have been released. Revenue was up 8% to £25.67m (2016: £23.78m) and pre-tax profits increased by 36% to £1.13m (2016: £829k). Basic earnings per share increased by 35% to 0.88p (2016: 0.65p). Net cash balances were unchanged at £8.1m and the interim dividend was nudge up from 0.09p per share to 0.12p. The share price has moved to a level significantly higher than it has been and given the potential for profit taking we would BUY ON WEAKNESS.