Preliminary Results for the year ended 31 March 2012
Preliminary Results for the year ended 31 March 2012

Preliminary Results for the year ended 31 March 2012

Accumuli plc (AIM:ACM), the provider of Advanced IT Security Services, is pleased to report its results for the year ended 31 March
2012.
Highlights
• Revenue of £12.6m (2011: £2.4m)
• Gross profit increased to £7.0m (2011: £1.3m) which equates to a gross margin of 55% (2011: 53%)
• Trading group EBITDA¹ £2.6m (2011: £0.4m)
• Group EBITDA² of £2.1m (2011: £0.1m)
• Profit before tax of £0.1m (2011: £0.7m loss)
• Cash in hand at period end of £2.0m (2011: £2.0m)
• Acquisition of Boxing Orange Limited (“Boxing Orange”) and its subsidiary Webscreen Systems Limited (“Webscreen”)
completed on 15 April 2011 for initial consideration of £5.48m and contingent consideration of £0.44m
• Increased investment in product development, particularly in SIEM capabilities, to enhance cross-selling opportunities and provide further margin support

 

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