NEWS
OmPrompt Holdings Limited, parent company of OmPrompt Limited, reported positive news for investors and customers in audited financial statements for the year ended 31 December 2010
Following the desired financial trajectory for a software as a service business, OmPrompt filed 2010 accounts that reflect breakeven EBITDA (earnings before interest, taxes, depreciation and amortization) – a strong indicator that the business is moving into profitability, and a measure closely watched by investors.
OmPrompt’s expanding client base saw turnover increase by 21%, and a successful bid for grant funding for a government sponsored collaborative research and development project provides further evidence of both public and private sector confidence in OmPrompt’s hosted messaging service.
Increased investment in sales and marketing complement OmPrompt’s investment in research and development. With low capital expenditure requirements and no debt service obligations OmPrompt entered the current trading year in bullish form.
OmPrompt’s 2010 financial statements were authorised for issue on 24th June 2011 and are available to view online at Companies House.
