Netcall PLC on Wednesday said interim revenue was up by a fifth, while profit more than doubled.
The Bedford-based customer engagement software provider reported revenue for the first six months ended December 31 of £17.5 million, increasing 19% from £14.7 million a year prior.
It noted that the increase was driven by strong demand for both its customer engagement and intelligent automation solutions.
Cloud subscriptions also saw considerable growth, with revenue increasing 59% to £7.9 million from £4.9 million a year ago.
The company said pretax profit amounted to £2.4 million, more than doubling from £1.1 million a year ago.
Chief Executive Officer Henrik Bang said: ‘During the period, we have seen healthy demand for our Liberty platform, particularly for cloud-based solutions, as organisations use automation technologies to make their operations more efficient whilst improving their customer and employee experiences.
‘We enter the second half in a good position with a healthy pipeline and a profitable and cash generative business, which combined with our strong balance sheet, enables us to continue investing in our growth strategy. The board remains confident in the group’s continued success.’
Netcall shares rose 4.5% to 102.40 pence each in London on Wednesday afternoon.
Copyright 2023 Alliance News Ltd. All Rights Reserved.
