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Software and services company Gresham Technologies swung to a profit as strong customer wins bolstered profit.
For the year ended 31 December 2019, the company reported a pre-tax profit of £1.9m compared with a loss of £1.4m as revenues were up 30% to £25.0m.
The growth was driven by new business in the year, with the company adding 15 new customers.
'Whilst the lack of clarity on post-Brexit trading arrangements into 2021 remain a concern, our financial markets customers have now made the necessary changes to their operating models and are focussed on investing for growth and reducing costs to fund innovation,' the company said.
At 9:24am: (LON:GST) share price was 0p at 0.17p