Strong growth for ECSC on debut AIM year
Newly-listed cyber security firm ECSC reported strong growth in its first results since making its debut on the stock market.
For the 15 months to December 2016 it returned revenues of £4.51m, compared to £2.65m in a 12-months period in 2015.
It did however make a loss of more than £517,000 during the 15-month period, compared to a profit of £518,174 in the year prior. This was due to £974,876 in IPO costs.
ECSC described it as a “transformational year” for the business, after being admitted to the AIM section of the... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...