- Achieved turnover of £6.063 million (2005/6 £4.753 million)
- Overall growth of 27.6%
- Application services growth of 71.0%
- EBITDA profit of £0.006 million (2005/6 EBITDA loss of £2.230 million)
- Second half EBITDA was positive at £0.347 million
- Cash balance at 31 March 2007 was £1.016 million (2005/6 £1.230 million)
- Grew the 12 month order book by 35% to £6.736 million (2005/6 £5.000 million)
- Application services order book grew by 95%
- Increased our total customer base to over 40
- Number of global banking customers now 18
- Grew ASP customers to 27
Commenting on the results, Keith Todd, Executive Chairman and CEO of FFastFill, said: “I am very pleased to report a year of significant progress for the company. We made excellent progress in delivering our strategy to become the leading provider of application services to the futures industry by growing our ASP revenue by 71% and increasing our ASP order book by 95%. We also achieved our objective of EBITDA profitability. We are now well placed to build on the substantial growth that we have already achieved.”
The full chairman’s statement and preliminary results can be downloaded on clicking here.
