logo-loader

StatPro Group 'very well placed' for further growth as underlying profits increase

Published: 08:18 31 Jul 2019 EDT

StatPro Group PLC's (LON:SOG) Justin Wheatley caught up with Proactive London's Andrew Scott to talk through their interim results for the six months to the end of June 2019.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 9.7%, or 10.2% in constant currency terms, to £5.68mln in the first half of 2019 from £5.18mln in the same period of 2018.

Software as a service revenue as a percentage of software annualised recurring revenue grew to 85% from 84% in the first half of last year.

Cloud tech gives dramatic advantage against rivals, says StatPro Group PLC CEO

StatPro Group PLC (LON:SOG) chief executive Justin Wheatley tells Proactive that its cloud solutions platform is really giving the group a competitive edge. The group saw underlying revenue from its StatPro Revolution platform surge by almost 64%. “We are very pleased, but this is the...

on 08/03/2016