Cybersecurity firm BrandShield Systems PLC (AIM:BRSD) rose almost 18% after revenue and client numbers both jumped in 2022.
Revenue was up 55% to around US$6.39mln, while new business and upsells grew 53% to US$3.87mln as the client base expanded by 41% to 183.
“As cyber threats and online security dominate the business and political agendas, BrandShield continues to deploy its first-class cybersecurity solutions,” chief executive Yoav Keren commented.
“The company achieved significant operational and financial progress in 2022,” it added in the statement, ending the year “financially sound” with the “foundations for further growth”.
Shares climbed from 5.10p to 6p.