Source - Alliance News

Feedback PLC - London-based medical imaging software company - Says trading in the year ended May 31 was ahead of market expectations. It expects revenue at £590,000, more than double the previous year’s figure of £290,000 if achieved. This follows a significant increase in sales which are expected to more than triple to £670,000 in the year from £180,000 a year prior. Notes a strong performance from its flagship product, Bleepa. Performance further enhanced by technology licence fees from the company’s partnership with Imaging Engineering LLC. Company continues to track a number of opportunities and remains focused on investing in the UK and India.

Current stock price: 0.65 pence, down 3.7% in London on Thursday

12-month change: down 36%

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