iomart Group Profits from the Cloud


Posted on 2nd June 2010 by cloudhostingguy in Cloud Hosting


iomart Group announced its full-year results earlier today, reporting revenue growth, a strong balance sheet, significant adoption of cloud hosting services and the securing of a £10M acquisition.

The Group has today revealed an adjusted* EBITDA profit of £3.1M (loss of £0.3M 2009) on increased revenues of £18.3M (£11.8M 2009) in its final results to March 31 2010.

“I am personally delighted to be able to present such a strong set of financial results, especially in the face of particularly demanding economic conditions. We have excellent forward visibility of our revenues and we can look forward with excitement to delivering another year of growth and enhanced profitability.”

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

No comments yet.

Leave a review


Call us at 801.384.0032