22nd Jun 2022 10:51
(Alliance News) - Ahead of its annual general meeting on Wednesday, e-learning software and content company Skillcast Group PLC said 2022 was progressing as expected.
The London-based firm said that growth in its revenue and client base were continuing, with trading in line with expectations.
This is mostly down to subscription revenue from its software-as-a-service offerings, Skillcast said, and annual recurring revenue which also continued growth year-on-year.
"Skillcast operates in the non-discretionary end of the corporate compliance and e-learning market and we remain confident that we are well placed to weather any future macro-economic challenges as we continue to help companies build ethical, inclusive and resilient workplaces," said Chair Richard Amos.
Shares in Skillcast were unchanged at 22.00 pence on Wednesday morning, down 41% from its initial public offering price of 37p back in December.
By Elizabeth Winter; [email protected]
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