Mirada (AIM:MIRA) - Improving results with more to come?
Mirada, the audio/visual software company, issued improved final results yesterday (Thursday 9 July).
In the results for the year to 31 March 2015 the Company reported revenue up by 24% to £5.66 million (2014: £4.57 million) and the pre-tax loss was reduced to £0.11 million (2014: loss of £0.39 million). Most of the growth in revenue came from professional services which was up to £3.50 million (2014: £2.14 million). Licence fees, however, remained flat at £1.73 million. The increase in professional services work relates to the Televisa contract - see below. In May 2014 Mirada won a key large contract with Televisa Group. In this contract Mirada’s Iris software is to be rolled…