Eagle Eye Solutions Group PLC (LON:EYE), the digital promotions and loyalty specialist, said it was on course to meet full-year expectations and move into profit as it updated on progress.
In the six months ended December 31, revenues grew 26% to £8.2mln, while it made an adjusted underlying (EBITDA) loss of just £500,000.
Styling itself as a software as a service business, where generally the bulk of the company’s turnover is recurring, Eagle Eye said its retained customer base was around 72%, down from 75% in the same period last year.
Trumpeting deals with Waitrose and Burger King, chief executive and former Tesco executive Tim Mason said: “We are excited about the prospects for the business and we are confident in our ability to create increased shareholder value."