Highlights - Financial
- Revenue increased by 11% to £21.32 million (2015: £19.18 million).
- Pre-contracted recurring revenue grew 10% to £10.75 million (2015: £9.77 million), representing approximately 50% of total revenue in the year (2015: 51%).
- Operating profit increased 12% to £3.69 million (2015: £3.30 million).
- Profit before tax of £2.78 million (2015: £2.03 million), an increase of 37%.
- Diluted earnings per share of 4.4 pence (2015: 3.4 pence), an increase of 29%.
- Adjusted diluted earnings per share of 5.5 pence (2015: 4.9 pence).
- Cash balance at year-end of £4.34 million (2015: £4.61 million) after acquisition related cash consideration payments of £1.66 million and dividend payments during the year of £1.21 million.
- Proposed final dividend up 16% to 1.4 pence per share (2015: 1.2 pence).
