6th Jul 2010 07:00
6 July 2010
NetDimensions (Holdings) Limited
("NetDimensions" or "the Company")
Pre-Close Trading Update
NetDimensions (AIM: NETD), a global provider of performance, knowledge and learning management systems, provides the following update on trading for the six month period to 30 June 2010.
The Company reports that revenue has increased in line with market expectations, up by 11% to US$3.38 million (30 June 2009: US$3.05m).
The Company still maintains a healthy cash position at US$6.3 million, down US$0.5m versus the same period in 2009 partly due to the acquisition of the EKP (Enterprise Knowledge Platform) business from the Company's UK partner, as announced on 24 April 2010. At 30 June 2010 currency rates the cash position equates to 16.7p in cash per share (30 June 2009: 16.5p).
Enquiries:
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NetDimensions |
Jay Shaw Clarence Wu Robert Torio
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+852 2122 4500
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Arden Partners (Nomad & Broker)
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Fred Walsh Matthew Armitt |
+44 (0) 20 7614 5917
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Walbrook PR (Financial PR) |
Ben Knowles
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+44 (0) 20 7933 8788 +44 (0) 7900 346 978
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Related Shares:
NETD.L