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Eckoh PLC

Eckoh PLC upbeat about its future and keen to build on progress in the US

Nik Philpot, chief executive of Eckoh PLC (LON:ECK), caught up with Proactive Investors to discuss the secure payments specialist's results for the year to the end of March 2018.

US sales jumped by 32% in dollar terms in the year, though the recent recovery by the pound cut this growth to 16%.

Secure payments revenues in the US were especially strong, rising 179% to US$6.7mln with US$9.7mln of unrecognised payments already lined up for the current year.

In the UK, Eckoh has undertaken a root and branch overhaul of its sales activity and switched focus to larger accounts.

Quick facts: Eckoh PLC

Price: £0.46

Market: AIM
Market Cap: £116.84 m
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Eckoh chief sees substantial growth in US market

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