15th Feb 2016 10:05
LONDON (Alliance News) - Vipera PLC on Monday said its revenue for 2015 hit market expectations following a good second half.
The mobile financial services company said its revenue for the year was around EUR6.8 million, up from USD5.9 million a year earlier and in line with market forecasts.
Revenue from Vipera's Motif platform, mobile financial services and other digital work, including transactional and per user revenue generated from recently won contracts, grew 42% in the year, offset by a fall in third-party sales in its consulting arm, partly due to the company focusing on the Motif platform.
Vipera shares were up 10% to 3.45 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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