Vipera (AIM:VIP), the specialist provider of mobile financial software services, has given DirectorsTalk its audited financial results for the year ended 31 December 2016.
Highlights
-- Revenue increased to EUR7.9 million (2015: EUR6.8 million) -- Launch of retail product offering for a major European retailer -- Committed to reorganisation to deploy with greater efficiencies -- Continued to investment in product development -- Net cash at year-end was EUR1.5 million (2015: EUR3.2 million)
Marco Casartelli, CEO of Vipera plc, commented: “2016 has been another year of successful progress for Vipera. We are looking to accelerate our growth path in 2017 with both existing customers and products, and with new initiatives.”