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LoopUp boss pleased with first set of results since joining AIM

Co-chief executive of fast-growing remote meetings specialist LoopUp Group PLC (LON:LOOP) Steve Flavell said he was ‘very pleased’ with the group’s first set of results, since listing on AIM last August.

Underlying earnings (EBITDA) in 2016 clocked in at £2.1mln, up from £1mln the year before, on revenue that rose 34% to £13.6mln from £10.1mln.2

“We are very pleased with our first set of results as a public company,” he said.

Quick facts: LoopUp Group PLC

Price: 63.49 GBX

AIM:LOOP
Market: AIM
Market Cap: £35.08 m
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LoopUp enjoying strong start to second half with major new contract wins

Steve Flavell, co-chief executive of LoopUp Group PLC (LON:LOOP) caught up with Proactive to discuss the remote meetings technology firm's first half results. The AIM-quoted company saw underlying earnings (EBITDA) almost double to £1.6mln (H1 2016: £0.9mln), thanks in part to an improved...

on 6/9/17

2 min read