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StatPro Group 'very well placed' for further growth as underlying profits increase

StatPro Group PLC's (LON:SOG) Justin Wheatley caught up with Proactive London's Andrew Scott to talk through their interim results for the six months to the end of June 2019.

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 9.7%, or 10.2% in constant currency terms, to £5.68mln in the first half of 2019 from £5.18mln in the same period of 2018.

Software as a service revenue as a percentage of software annualised recurring revenue grew to 85% from 84% in the first half of last year.

Quick facts: StatPro Group PLC

Price: 228 GBX

LSE:SOG
Market: LSE
Market Cap: £158.88 m
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