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Crossword Cybersecurity 'confident of 25% revenue growth for the whole of 2020'

Published: 16:17 06 Oct 2020 BST

Crossword Cybersecurity PLC's (LON:CCS) Mary Dowd reminds Proactive viewers about their experienced board and the ambitious plans for the company.

The company reported strong growth in orders for its Rizikon Assurance supply chain risk management platform in the first half of 2020. Dowd is 'confident of 25% revenue growth for the whole of 2020' as she looks back on a 'great year'.

In its results for the six months ended June 30, the AIM-listed firm reported that orders for Rizikon Assurance were up 41% year-on-year (YOY), while recurring revenue from the firm’s consulting services had doubled over the same period compared to 2019.

In the figures, the company reported total revenue of £674,008, up 18% YOY, while the pre-tax loss was £1.39mln compared to a £1.07mln loss in 2019.

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