8th Mar 2021 14:32
PCI-PAL PLC - cloud provider of secure payment solutions - Says revenue increased 56% in the six months to the end of 2020 to GBP3.2 million, with new contract annual recurring licence sales in the period up 44% at GBP1.7 million. PCI-PAL says it signed 93 new customer contracts, an 82% increase on the prior year. The company's pretax loss remained broadly unchanged year-on-year at GBP2.3 million, as administrative expenses rode to GBP4.5 million from GBP3.7 million.
"We are well positioned to continue the momentum we are building as we look to capitalise on the undoubted market opportunity for our technology," said Chief Executive James Barham.
Current stock price: 83.58 pence
Year-to-date change: up 69%
By Evelina Grecenko; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Pci-pal