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Sopheon plc

Sopheon plc

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Publicatie datum 26 aug 2010 - 08:16
Statutaire naam Sopheon plc
Titel Sopheon plc: Interim Results
Bericht Embargoed release: 07:00hrs Thursday 26 August 2010 SOPHEON PLC (“Sopheon”, the “Company” or the “Group”) RESULTS FOR THE 6 MONTHS TO 30 JUNE 2010 BUSINESS REVIEW AND OUTLOOK Sopheon plc (“Sopheon”) the international provider of software and services that improve the return from innovation and product development investments, announces its unaudited interim results for the six months ended 30 June 2010 (the “period”) together with a business review and outlook. HIGHLIGHTS: • Revenue: £4.7m (2009: £4.1m) • EBITDA profit: £0.6m (2009: EBITDA loss £0.3m) • Loss before tax: £0.1m (2009: Loss £1.0m) • Twenty-four license transactions completed including extension sales. • Revenue visibility for full-year 2010 now stands at £8.2m. This is up from £6.0m reported in mid-June at the Company’s Annual General Meeting and almost equals Sopheon’s total revenues for the full year 2009 which was £8.3m. • The licensee base now stands at 178. • Cash at 30 June stood at £1.7m. • Launched www.isustain.com in partnership with Cytec Industries and the Beyond Benign Foundation, a site that enables users to assess the sustainability of product formulations through an iSUSTAIN Green Chemistry Index rating. Sopheon’s Chairman, Barry Mence said: “We are delighted to report much-improved results with revenues up and costs down. After some very tough spending adjustments taken in 2009, it is also gratifying to see a return to growth and such strong improvement in our bottom line performance. Our expanded solution introduced in 2009 is generating increased sales both from our client base and new clients. Revenue visibility for the full year is already close to last year’s total revenues with four months of selling to go.” FOR FURTHER INFORMATION CONTACT: Barry Mence, Chairman Sopheon plc Tel : + 44 (0) 1483 685 735 Arif Karimjee, CFO Sopheon plc Tel : + 44 (0) 1483 685 735 Justine James / Kirsty Corcoran Hansard Communications Tel : + 44 (0) 20 7245 1100 Floor van Maaren Citiga

Datum laatste update: 06 oktober 2024