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Market: AIM
Sector: Technology Hardware & Equipment
EPIC: SYNC
Latest Price: 0.00p  (0,00%)
52-week High: 23.50p
52-week Low: 4.63p
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Synchronica plc
www.synchronica.com

 

Synchronica plc is a global innovator in next-generation mobile messaging technologies. Its flagship product, Unity, been chosen by more than 100 of the world's leading mobile operators and OEMs to power their own-branded push email, instant messaging, and social networking services.

 

With leading features such as Unified Messaging, Geo Socialization, and RCS as a Service, Unity connects to any mobile device - from the most basic mobile phone, to high-end tablets - providing customers with a strong foundation on which to achieve market differentiation, diversified revenue streams, and reduced churn.

 

Headquartered in the United Kingdom, Synchronica maintains global research and development centres in Canada, Germany, India, and the Philippines. Synchronica's shares trade on the London Stock Exchange AIM market (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN).

 

Full Synchronica plc profile here
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Synchronica exits 2011 with EBITDA profit; shares up

16th Jan 2012, 1:30 pm by Giles Gwinnett The firm today said it was profitable at the EBITDA (earnings before interest, tax, depreciation and amortisation ) level for the months of November and December 2011

Shares in Synchronica (LON:SYNC, CVE:SYN) moved up in afternoon trade as the firm revealed it was profitable at the EBITDA level in the last two months of last year.

In an update on Friday (January 13), the mobile messaging firm said it expected full-year 2011 revenues to be marginally ahead of market expectations - at around US$23 million.

This was slightly ahead of market expectations and 111 per cent higher than a year earlier.

And today, the company announced that according to unaudited data from management reports, it was profitable at the EBITDA (earnings before interest, tax, depreciation and amortisation ) level for the months of November and December 2011 - after significant cost-reduction initiatives, which were recently implemented.

Full results will be released in March this year.

Synchronica added today that it would release a further detailed announcement within a week.

As at 1.20 pm, shares in the company were up 8.16 per cent to change hands at 13.25 pence.

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