Pipehawk said it narrowed its annual losses after boosting revenue.
Group turnover increased 19% to £5.7m, helping to shrink net losses to £179,000m, compared to £753,000 the year before.
"The broadly break-even result means that the group continues to be in a net liability position and reliant on my continuing financial support," chairman Gordon Watt said.
He added: "The year under review has been a massive turnaround year, following the substantial losses in the previous two years. All divisions of the group are currently performing well and the directors remain optimistic in their outlook for the group."
At 8:27am: (LON:PIP) PipeHawk PLC share price was +0.5p at 4.13p