Netcall (AIM:NET) results in line and big commitment to dividend and use of cash
The customer engagement software specialists demonstrated prodigious cash generation with their results, supported by delightful amounts of recurring revenue. With the Eckoh acquisition off the table we look forward to see how they can put their cash to good use.
Netcall’s software product suite provides end-to-end customer engagement solutions, incorporating multi-channel contact centre, workforce optimisation, business process management and case management. Netcall’s customer base contains over 700 organisations in both the private and public sectors. These include two thirds of the NHS Acute Health Trusts, major telecoms operators such as BT and leading organisations including Interflora, Lloyds Banking Group, Cineworld, Axa, and British Sugar. Group revenue for the year increased 2% to £17.2m comprising underlying core growth of 4% offset by an ongoing reduction in the MovieLine service as anticipated, which continues to generate positive cash flow for the Group.…