20th Nov 2013 10:33
LONDON (Alliance News) - Mobile financial software company Vipera PLC Wednesday said expects to post recognised revenues of some GBP1.4 million for the whole of 2013, which will mean pretax earnings will also be better than the previous year.
At the end of July, the company had predicted that its full-year revenues would comfortably exceed the GBP974,000 figure it posted in 2012, but has now firmed up the forecast.
It said the exact figure will still depend on the progress of current projects and the timing of revenue recognition, but it does expect the increase to mean pretax earnings will be materially better than the GBP537,159 loss it made in 2012.
Vipera shares were up 18.8% at 9.5 pence Wednesday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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