Conference call technology firm (), which floated on Aim in August, said underlying earnings, or EBITDA, more than doubled in 2016 to £2.1mln from £1.0mln.
revenue rose 34% to £13.6mln from £10.1mln the year before, while revenue from the core LoopUp product and associated add-ons jumped 39% to £12.8mln from £9.2mlm.
Co-CEO Steve Flavell tells Proactive: ''We offer a premium experience for people who do lots of these remote meetings in their daily life and I think the differentiation is showing through in how our market share is increasing''.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of LoopUp Group PLC named herein, including the promotion by the Company of LoopUp Group PLC in any Content on the Site, the Company receives from...
FOR OUR FULL DISCLAIMER CLICK HERE