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Digital security and privacy software business Kape Technologies reported a rise in first-half profit, led by increase in subscriptions and a boost from recently-acquired Webselenese.
For the six months ended 30 June 2021, pre-tax profit rose to $10.0 million from $0.2 million year-on-year as revenue increased 61.9% to $95.5 million.
'We remain on track to deliver on our expectations for the full year 2021, with the enlarged group expected to generate revenues for the year ended 31 December 2022 of between $610-624 million and proforma Adjusted EBITDA of between $166-172 million,' the company said.