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Financial Results
Softcat H1 results indicate positive growth
Shareholders of Softcat can breathe a sigh of relief after the IT services firm reported encouraging half-year numbers.Gamma notches growth in first year under Belshaw
Gamma has seen revenue and gross profit rise 8% to £484.6m and £247.7m respectively in its first year under the leadership of Andrew Belshaw.CloudCoCo eyes £100m as revenues swell
CloudCoCo saw its revenue climb from £8.1m in 2021 to £24.2m for the year ended 30 September 2022. This represents a swell of 198%, of which 67% was generated from recurring contracts.NFON bucks economic trends with revenue hike
In a business update NFON has posted preliminary figures indicating an 8.3% increase in recurring revenues to 73.6m euroExcalibur sees 6% revenue growth
Excalibur Communications cites a rise in mobile and UC revenues and new customer wins for a reported 6% increase in turnover to £9.2m for the year end to June 2022.DWS results reflect channel strength
DWS has announced revenues of £320.1m, a swell of 14% in its first annual results since the strategic investment from Inflexion.Commsworld reports 60% rise in gross profit
Commsworld has reported a 60% rise in gross profit on a revenue increase of 20% from £20.6m in 2020 to £24.1m.SysGroup revenue jumps 49%
SysGroup’s latest results show a 49% growth in revenue, rising from £7.58m to £11.32m in H1 2023.NFON AG notches 8.7% growth
NFON AG’s results for the first three quarters of 2022 reflect growth as the company forges ahead with realignment as a provider of integrated business communications.CloudCoCo expects to hit £24m
CloudCoCo expects integrated acquisitions to push its revenues over £24m for the financial year, up from £8m in FY21. Trading EBITDA is expected to be in the region of £1.0m (FY21: £745k).