Shares in Made Tech Group PLC (AIM:MTEC) jumped 11% in early trading after the company issued a confident outlook statement alongside strong half-year results.
For the six months to November 30, the digital and data services group said revenue grew 14% to £21.8 million, while adjusted EBITDA - a measure of operating profit - rose 29% to £1.8 million. The company also swung to a £0.4 million profit after posting a £1 million loss a year earlier.
Sales bookings soared 233% to £42 million, and the company ended the period with a contracted backlog of £80.8 million, giving it strong revenue visibility.
Made Tech said it is on track for double-digit revenue growth in the current financial year, backed by government initiatives to modernise public services.
In the first hour of trading, the stock was up 3p at 30.75p.