DataCash FY revenue and earnings rise

Source: DataCash Group

DataCash Group Plc, the AIM listed payments service provider, announces its results for the 12 months to 31 December 2007.

Financial Highlights
  • Adjusted Group pre-tax profit* up 43% to £11.2m (2006: £7.8m)
  • Adjusted earnings per share of 9.4p (2006: 8.0p)
  • Group turnover increased by 25% to £20.45m (2006: £16.41m)
  • Cash balance of £17.90m** (19p per issued share) (2006 £15.28m - 17p per issued share)
  • Dividend payment increased by 40% to 1.4p per share recommended (2006: 1p)

* before goodwill amortization and impairment, National Insurance provision on share option gain and exceptional items.

** including security deposits of £1.2m.

Operational Highlights
  • Acquisition of Eurocommerce call centre solutions Limited to focus on airline and travel sector.
  • Transactions with a cash value of over £12bn processed through the Group's systems in 2006 (2006: £7.3bn).
  • Investment in key infra-structure projects on track and budget
  • Significant expansion in core service offer for 2008 and beyond
  • High profile, new contract wins and renewals from existing blue chip clients
  • Accelerated marketing efforts into the European, Asian and South American markets.
  • The Board looks forward to an interesting and exciting year in 2008.

Read the full statement here:» Download the document now 74.1 kb (PDF File)

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