16th Sep 2020 13:47
Eagle Eye Solutions Group PLC - London-based marketing solutions provider - Posts pretax loss of GBP322,000 for financial year ended June 30, narrowed from GBP2.8 million recorded the year prior. This was as revenue rose 21% year-on-year to GBP20.4 million from GBP16.9 million. Recurring revenue accounted for 73% of total revenue, up from 71%.
Eagle Eye says it has made a positive start to financial 2021 with current trading in line with expectations, adding that it has sufficient headroom to support growth plans.
"With our growing number of Tier 1 clients, proven technological ability, powerful international partners and a strengthening financial position, I am confident for the future," says Chief Executive Tim Mason.
Cash held as at June-end was GBP1.5 million.
Current stock price: 253.50 pence
Year-to-date change: up 16%
By Ife Taiwo; [email protected]
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