Bertus S schreef:
Thursday, August 28, 2008
Results For The 6 Months To 30 June 2008 Business Review And Outlook
Sopheon plc (“Sopheon”) the international provider of software and services that improve the return from innovation and product development investments, announces its unaudited interim results for the six months ended 30 June 2008 (the "period") together with a business review and outlook.
HIGHLIGHTS:
Revenue: £4.3m (2007: £3.1m)
EBITDA: £0.5m (2007: £0.1m)
Profit after tax: £0.1m (2007: loss £0.1m)
We completed 24 license transactions including extension sales, delivering 40% revenue growth compared to the same period last year. EBITDA for the period rose to £0.5m, and the result after tax improved to a profit of £0.1m. Amortisation accounts for over £0.3m of the difference between EBITDA and profit after tax.
Revenue visibility now stands at £7.7m for full year 2008 performance compared to visibility of £5.1m for 2007 at this time last year. Sopheon’s total revenues for 2007 were £6.3m.
We signed our 150th licensee customer, reflecting business momentum that prompted AMR Research to recently conclude that Sopheon has the greatest traction among all best-of-breed product portfolio management solutions in the marketplace.
We introduced the most significant new release of Accolade in six years, offering functionality that positions the solution for the heavy manufacturing markets. The combination of Accolade and Vision Strategist is the first in the industry to integrate and automate strategic product planning and product development execution.
Sopheon’s Chairman, Barry Mence said: “We are pleased by our period-over-period financial performance. It is testimony to the appeal of our solutions and the strength of our strategic position. We believe it is also a sign that the market opportunity upon which we are focused is continuing to mature, and we are excited by the implications for our company and its shareholders.”
www.sopheon.com/DesktopModules/Announ...Bertus S.