viewRosslyn Data Technologies PLC

Rossyln Data’s Bullen says firm to get to cash flow break even by year’s end

Rosslyn Data Technologies PLC (LON:RDT)  chief finance and operating officer Roger Bullen anticipates that the data and cloud technology specialist will “get to cash flow even by the end of this calendar year”.

This comes after Rossyln announced a 40% growth year-on-year, and Bullen believes that the company’s ability to not only add new clients, but to retain existing ones, has been key to Rossyln’s strong economic outlook.

Bullen also reveals that the company has a new HR analytics app coming out at the end of May which he says “is going to be disruptive to the analytics environment”.

Quick facts: Rosslyn Data Technologies PLC

Price: 5.625 GBX

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