ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

RDT Rosslyn Data Technologies Plc

10.25
-0.25 (-2.38%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rosslyn Data Technologies Plc LSE:RDT London Ordinary Share GB00BMV2DB09 ORD GBP0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -2.38% 10.25 10.00 10.50 10.50 10.25 10.50 32,808 15:01:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Programming Service 4.52M 372k 0.0211 4.86 1.81M

Rosslyn Data Technologies PLC Trading Update (8004A)

04/06/2021 7:00am

UK Regulatory


Rosslyn Data Technologies (LSE:RDT)
Historical Stock Chart


From Mar 2021 to Mar 2024

Click Here for more Rosslyn Data Technologies Charts.

TIDMRDT

RNS Number : 8004A

Rosslyn Data Technologies PLC

04 June 2021

4 June 2021

Rosslyn Data Technologies plc

("RDT", the "Group", the "Company")

Trading Update

Rosslyn Data Technologies plc (AIM: RDT), a leading global big data technology company, is pleased to issue the following statement, ahead of the Group's results announcement for the year ended 30 April 2021, which is scheduled to be released in September.

Trading Update

The Board is pleased to report that, in a challenging year and against a backdrop of COVID lockdowns slowing client opportunities, the Group expects to report that revenue grew during the year by 4% to GBP7.4 million (2020: GBP7.1 million). As was noted in the Group's interim results, the Company has made significant investments into its sales and marketing teams and, as such, the Board is pleased that the Group was still able to deliver Operating EBITDA (excluding share-based costs and exceptional costs) in line with market expectations at a loss of around GBP250,000 (2020: profit of GBP36,000).

The Group has continued to robustly manage its cash and ended the year with a cash balance of GBP6.7 million (2020: GBP0.8 million), whilst bank debt stood at GBP0.9 million (2020: GBP1.2million).

Paul Watts, Chief Executive, said:

" This past financial year has been one of investment, which has provided us with a solid platform on which we can capitalise and grow as the global economy starts to return to some degree of normality. I am pleased with how the Group has performed in these challenging times and the gains that we have made through investing in our infrastructure. After taking over as CEO, I have instigated operational reviews across the business, with the view to targeting investment for organic growth in the areas where it will deliver the best return, and I am looking forward to the future with confidence".

 
 Rosslyn Data Technologies    Paul Watts, Chief Executive     +44(0) 20 3285 
  plc                          Officer                         8008 
  Ash Mehta, Chief Financial                                  +44(0) 20 3051 
   Officer                                                     7798 
 Cenkos Securities, 
  Nominated Adviser,          Stephen Keys / Giles Balleny    +44(0)20 7397 
  Broker                       / Camilla Hume                  8924 
 

Notes to Editors

Rosslyn Data Technologies plc, (AIM: RDT) is a leading provider of a cloud-based big-data analytics platform. The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions. Rosslyn's RAPid platform is the Group's primary product available to its multinational customers.

Further information can also be found on the Company's website at: www.rosslyndatatech.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

TSTDKNBDOBKDFAK

(END) Dow Jones Newswires

June 04, 2021 02:00 ET (06:00 GMT)

1 Year Rosslyn Data Technologies Chart

1 Year Rosslyn Data Technologies Chart

1 Month Rosslyn Data Technologies Chart

1 Month Rosslyn Data Technologies Chart

Your Recent History

Delayed Upgrade Clock