Amino Technologies plc (AIM: AMO) - positive trading update and financial advisor appointed
Amino Technologies, the Cambridge-based leader in digital entertainment solutions for in-home multimedia distribution, has today provided an update on trading for the six months ended 31 May 2015.
The company announced a return to revenue growth in February and today reports that this growth has continued. In its half year results the Group expects to report year-on-year growth in both revenue and profit before tax.
In addition, the Company expects to report a first half closing net cash balance of £16.8m (H1 2014: £19.7m), after a £5.2m outflow in respect of the initial cash consideration and acquisition related costs for the recent acquisition…
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