AIM-listed training technology company Pennant International Group has seen its revenues rise to £7.1m.
The Gloucestershire business, which specialises in training technology for the aviation industry saw in its interim results revenues in the first half of the year pass the £7m mark, when compared to £6.9m the previous year.
Pennant said 46% of revenues where generated from software licensing and associated activities, which was only at 5% in the first half of 2022.
Pennant International Group plc (LON:PEN) was established over 60 years ago and is a leading global provider of technology-based maintainer training and integrated product support solutions. The Group operates worldwide, with offices in Europe, North America and Australasia.