Scott Winner CEO of Ingenta PLC and CFO Jon Sheffield join Proactive London.
Ingenta is a provider of software technologies and support services to content providers and publishers around the world. The business is now focused on higher recurring revenue and efficiency in generating cash returns.
The company reported this week, revealing that revenue was broadly flat at Â£ 5.1million (S1 / 20: Â£ 5.2million), with 85% of revenue recurring by nature (S1 / 20: 82 %). Gross margin improved 5.6% to Â£ 2.4million (S1 / 20: Â£ 2.3million), with gross margin improved to 47% (S1 / 20: 44%) .
The team believes it is well positioned for future growth, with âhigh recurring revenues and increased efficiency,â the company believes it is well positioned for growth.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content posted on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is …
In return for the publishing services rendered by the Company on behalf of the persons named herein, including the promotion by the Company of any Content on the Site, the Company receives annual cash from such issuer.
FOR OUR FULL DISCLAIMER CLICK HERE