logo-loader
viewEckoh PLC

Eckoh PLC upbeat about its future and keen to build on progress in the US

Nik Philpot, chief executive of Eckoh PLC (LON:ECK), caught up with Proactive Investors to discuss the secure payments specialist's results for the year to the end of March 2018.

US sales jumped by 32% in dollar terms in the year, though the recent recovery by the pound cut this growth to 16%.

Secure payments revenues in the US were especially strong, rising 179% to US$6.7mln with US$9.7mln of unrecognised payments already lined up for the current year.

In the UK, Eckoh has undertaken a root and branch overhaul of its sales activity and switched focus to larger accounts.

Quick facts: Eckoh PLC

Price: 62.5 GBX

AIM:ECK
Market: AIM
Market Cap: £158.62 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Eckoh PLC named herein, including the promotion by the Company of Eckoh PLC in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Eckoh PLC's Nik Philpot confident on the year ahead with record order book

Eckoh PLC's (LON:ECK) Nik Philpot tells Proactive London's Andrew Scott that trading in the current financial year is encouraging. Financial results for the twelve months ended March 31, 2020, showed a 16% increase in revenue to £33.2mln, with gross profit marked at £26.3mln, up 9%, and...

2 weeks, 6 days ago

2 min read