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ECSC Group raises £500k as it 'prepares for post COVID-19 opportunities'

ECSC Group PLC's (LON:ECSC) Ian Mann speaks to Proactive London's Andrew Scott soon after announcing plans to bring in £500k of new cash.

He says the funds will be used to ensure the company is sufficiently well capitalised to take advantage of longer-term growth opportunities once the coronavirus (COVID-19) situation stabilises and to strengthen the balance sheet.

Quick facts: ECSC Group PLC

Price: 66.50001 GBX

LSE:ECSC
Market: LSE
Market Cap: £6.65 m
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ECSC Group reports first half profit and strong growth in managed services

ECSC Group PLC's (LON:ECSC) Ian Mann tells Proactive they made an adjusted EBITDA profit for the first six months of 2020 following a jump in managed services recurring revenue. The cybersecurity group saw its recurring revenues rise by 25% to £1.17mln in the period while the managed services...

on 5/8/20

2 min read