‘B2B focused’ Nektan Plc remains confident that it can achieve EBITDA break-even results by the end of year trading.
Publishing its corporate results for the six-month period ending 31 December 2019 (H1 2019), Nektan recorded corporate revenues of £800,000, up 157% on corresponding H1 2018’s £310,000.
The London-AIM firm pointed to its improved commercial pipeline, which sees its software active across 34 brands.
Further improved topline metrics saw Nektan reduce its adjusted EBITDA losses to £1.65 million from the corresponding £1.77 million.
Nektan PLC (LON:NKTN) is a leading international gaming solutions and services provider. They serve the US and European markets, driving digital gaming transactions, through proprietary technologies that permit speed, flexibility and innovation.