16th Jun 2022 11:33
Feedback PLC - London-based medical imaging software company - Says trading in the year ended May 31 was ahead of market expectations. It expects revenue at GBP590,000, more than double the previous year's figure of GBP290,000 if achieved. This follows a significant increase in sales which are expected to more than triple to GBP670,000 in the year from GBP180,000 a year prior. Notes a strong performance from its flagship product, Bleepa. Performance further enhanced by technology licence fees from the company's partnership with Imaging Engineering LLC. Company continues to track a number of opportunities and remains focused on investing in the UK and India.
Current stock price: 0.65 pence, down 3.7% in London on Thursday
12-month change: down 36%
By Heather Rydings; [email protected]
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