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Rosslyn Data Technologies trading in line with expectations

Rosslyn Data Technologies is due to release its full year results on Monday

Rosslyn Data
The application of IFRS 15 to its full year results will have no cash impact

Rosslyn Data Technologies PLC (LON:RDT) said it continues to trade in line with expectations ahead of its first set of full-year results to be reported using the IFRS 15 accounting standard.

The big data technology group said the application of IFRS 15 to its results for the year to April 30 will have no cash impact and expects to post reported revenue of £6.4mln and an adjusted loss before tax of £2mln.

READ: Rosslyn Data bags US$650,000 contract

The underlying numbers will be unchanged from those announced in a June trading update.

The firm expects to release the full year report on Monday.

Quick facts: Rosslyn Data Technologies PLC

Price: 5.625 GBX

AIM:RDT
Market: AIM
Market Cap: £19.06 m
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Investor Update: Rosslyn Data Technologies grows revenues and generates cash

Top stories from the Proactive Investors UK newsroom: Rosslyn Data Technologies PLC (LON:RDT) cut its operating losses by 75% in the last financial year, while also turning cash generative and, according to the company, is well-positioned in the current year. In a trading update ahead of...

on 29/5/19

2 min read