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Rosslyn Data Technologies CEO sees clear roadmap to cash flow breakeven

Charles Clark, the chief executive of Rosslyn Data Technologies (LON:RDT), says the AIM-listed big data firm has a clear roadmap to cash flow breakeven, which he estimates is 18 months to two years away based on current run rates.

Rosslyn’s CEO talks Proactive Investors through the strategy of partnering with ‘some really exciting large corporates’. Clark also explains how the group helps firms cleanse unwanted data and discusses the ‘vast market’ for big data. ‘There is an unknown amount of value that can be unlocked from this data,’ he says. 

Quick facts: Rosslyn Data Technologies PLC

Price: 6.025 GBX

AIM:RDT
Market: AIM
Market Cap: £11.62 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

RNS

Holding(s) in Company

1 week, 6 days ago

Result of AGM

on 17/10/19

Board Changes

on 17/10/19

Acquisition

on 24/9/19

Final Results

on 17/9/19

2 min read