Annual Report And Financial Statements

Overview

The report states that the company recorded revenue of £758,835 in 2017, down 2% from 2016, and a net loss of £2,336,000. It highlights the launch of the patent-pending Blackbird 9 codec and three JavaScript applications. The company shifted toward infrastructure-focused, recurring subscription sales, while leadership changes included the appointment of Ian McDonough as CEO and Rachel Darcy as Sales Director. The Group ended the year debt free with cash and cash equivalents of £1,752,349.

Document

Report type: Annual Report
Class: Financial
Scope: Full report
Fiscal year: 2017
Period: Ends 31 December 2017
Publication date: 14 March 2018
Language: English
Pages
File size

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