Graham Higgins, Chairman of NetDimensions PLC LON:NETD, commented: “The Company made solid progress in 2015 in terms of revenue growth, substantially reducing the reported loss and increasing the focus on high consequence industries. The Company will continue to invest in software engineering to provide a product that is best in class for high consequence use cases.”
The annual report and notice of annual general meeting, to be held on Monday 20 June 2016 at 2:30pm on the 18th floor, Siu On Centre, 188 Lockhart Road, Hong Kong will be available on the Company’s website and sent to shareholders shortly.
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, has given DirectorsTalk its final results for the year ended 31 December 2015.
Highlights
-- 12% revenue growth to US$25.4M (2014: US$22.7M) -- 85% reduction in the adjusted EBITDA loss to US$0.5M (2014: US$3.4M)
— 98% increase in average first year deal size for direct new clients to US$210K (2014: US$106K)