Clinical Computing PLC (AIM: CLC) reported narrowing losses and rising sales for the full year to end-December 2008, and said it has a solid foundation to continue to increase its revenues in 2009.
Sales rose to £2.82 million in the period from £1.87 million in 2007, with the latest figure lifted by the acquisition of the Hydra business early 2008. Excluding the acquisition, sales were up at £1.95 million from £1.87 million.
The international developer of clinical information systems and project and resource management software narrowed its loss to £773,386 from £913,353 previously.
Chairman Howard Kitchner said: “The group has continued to show improving results and a trend of increasing revenues over the past three years. Following the acquisition of Hydra, momentum from our exciting partnership with a global medical technology company and the release of the clinicalvision V product the group has a solid foundation to continue to increase its revenues during the current year.”