PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Netintelligence

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

iomart Group Profits as Demand for Internet Security Rises - Interim results show a 26.7% rise in turnover & pre-tax profit up by 11.7%
iomart Group Profits as Demand for Internet Security Rises

 

NewswireToday - /newswire/ - Glasgow, Strathclyde, United Kingdom, 2006/11/16 - Interim results show a 26.7% rise in turnover & pre-tax profit up by 11.7% .

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Highlights:

• Total turnover at £13.9m up by 26.7%
• Netintelligence sales orders growing rapidly and now running at c.£200k per month
• Gross Margin maintained at 82%
• Operating profit at £1.6m up 13.7%
• Pre-tax profit at £1.5m up 11.7%
• Basic earnings per share unchanged at 1.75p (fully diluted up 1.2% at 1.71p)

Nick Kuenssberg, Non-executive chairman, commented, “These results show continuing substantial revenue growth. Sales in the first half at both Ufindus and Easyspace have contributed as planned. The new business model for Netintelligence, sold as a ‘Software as a Service’ (SaaS) product, has now gained real momentum and gives us confidence for the future. In the coming months, we plan to invest further in promoting the growth of Netintelligence, underpinning Ufindus processes and generating additional Easyspace revenue.”

Angus MacSween, CEO, commented: “Netintelligence, which is a pure “Software as a Service” (SaaS) product, delivering end point security and control is now performing well. Sales orders have grown quickly giving us confidence that Netintelligence, which has a relatively fixed cost base, will produce significant future profits. Netintelligence is now delivering consistent month on month growth, with a significant deferred revenue line giving good visibility of future earnings.”

Angus MacSween added: “Monthly orders, which continue to grow rapidly, are now running at around £200k per month. We have recently concluded deals with BT to provide services to the customers of its wholesale managed broadband service, The Carphone Warehouse and launched a home security version of the product in the US under the brand name Safekeeper.”

Commenting on the future group’s future prospects, MacSween stated:” We believe that our overall strategic positioning of providing web based services “in the cloud” has left all three of our lines of business - Ufindus, Easyspace & Netintelligence - ideally positioned to take full advantage of the continuing growth opportunities that undoubtedly exist. In particular we believe our perseverance with Netintelligence is proving to be fully justified. The opportunities that exist for our current product are many including the enormous potential in the US market into which we have already taken our first exploratory steps.”

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Netintelligence

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services/Network Management articles,
CATCH Visitors via Your Competitors Announcements!


iomart Group Profits as Demand for Internet Security Rises

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - NetIntelligence.com 
+44(0)14 1931 6400 pressoffice[.]netintelligence.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Netintelligence securities in any jurisdiction including any other companies listed or named in this release.

IT Services/Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Netintelligence / Company Profile


Read IT Services/Network Management Most Recent Related Newswires:

Arista Introduces Any Cloud Platform for Hybrid Cloud Networking
NEC Completes Construction of 'SKR1M' - A 100Gbps Submarine Cable in Malaysia
Infosys Finacle Selects Niki.ai to Offer Chat Based Commerce to Banking Customers
ISYX Technologies Unveils Next Generation Managed Services
Infosys McCamish Positioned as a ‘Leader’ in Gartner’s Magic Quadrant for Life Insurance Policy Administration Systems
Infosys Chooses Raleigh, North Carolina for its Technology and Innovation Hub
NEC Provides Obbligato for SaaS in China
YASH Brings SAP S/4HANA® Cloud to Clients
FibreCo Selects ADVA Optical Networking for Flexible High-Capacity Connectivity Services
GE GENIUSLINK™ Partners with Upwork to Triple its Talent Network
Oscilloquartz Enhances OSA 5420 Series to Deliver Industry’s Most Agile Network Synchronization Toolkit
Infosys Expands European Footprint by Establishing New Office in The Netherlands
EdgeVerve Systems Positioned as a Leader in the Gartner Magic Quadrant for Global Retail Core Banking
ATP and Infosys Launch New PlayerZone Bringing An Enhanced Digital Experience for Players
Evolve IP Named for 5th Time to 2017 Inc. 5000 List of Fastest-Growing Private Companies

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)