Amino Technology (AIM: AMO) moved 7% higher after posting full year results for the year to 30 November 2007. Highlights included revenues up 27% to £32.3 million, profit before tax increased to £1.4 million (2006: loss £1.6 million) and the group's cash on the balance sheet strengthened to £17 million, up £3.1 million.
Keith Todd, Chairman of Amino Technologies said:
" The board believes that Amino is well placed to continue to grow and to maintain a leadership position in IPTV. The board and executives are working to improve the financial performance of the business, balancing investment with profitable growth as we strive to establish sustained profitability."