9th Mar 2016 10:24
LONDON (Alliance News) - Shares in Imaginatik PLC were up 22% Wednesday morning after the software and consultancy services company reported positive trading in its financial third quarter, building on momentum it had seen in the first half.
AIM-listed Imaginatik said gross bookings for the quarter to end-December were GBP1.28 million, slightly higher than the GBP1.26 million in reported in the comparative period the year before.
Imaginatik said it signed five new clients in the quarter, compared to six the year before, including a professional services firm, a global food services and facilities business, and a defence and aerospace business. It did not name the customers.
Trading in the final quarter is progressing well, the company said, with four further consultancy contracts secured including two with new US customers.
"This is another strong quarter of trading, marking a clear turning point in our revitalisation of Imaginatik. Having built a unique offering within the international innovation marketplace, we are seeing a steady flow of new customer numbers and a growing demand for our consulting and innovation advisory work to complement our robust technology offerings, leading to a more secure financial footing and exciting prospects for the future," said Non-Executive Chairman Matt Cooper in a statement.
Shares in Imaginatik were up 22% at 2.44 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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