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@UK (AIM:ATUK) - The Cloud Platform provider has issued an encouraging trading update.

31/01/2012 · @UK plc (ATUK) 

The Group has confirmed improved trading during the year with results now anticipated to be ahead of current market expectations..

Revenues are expected to show an 18% increase on the prior year to approximately £2.415m, while the loss before tax is expected to have decreased by 76% to approximately £0.14m. The Company’s e-commerce business, its main growth engine, delivered a stronger than expected performance with 61% growth in revenues.

Having raised £0.5m just before Christmas the Balance Sheet is in much better shape which should vastly improve its future chances when competing for larger…

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