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IN BRIEF: Drumz Lauds Progress By Investee Acuity Risk Management

26th Nov 2020 11:37

Drumz PLC - Beaconsfield, England-based software sector investment - Reports "substantial year-on-year improvement" at investee Acuity Risk Management Ltd. Revenue in financial year to March 31 rose 60% to GBP1.4 million from GBP860,000. "First quarter revenues for the current year were in line with budget but second quarter revenues were impacted by Covid-19 with buyers deferring their orders," Drumz says. Sales pipeline at November 16 more than doubled annually at GBP850,000 from GBP300,000.

Current stock price: 0.48 pence

Year-to-date change: down 52%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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