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Calnex Solutions' revenues rise by 31% to £18m in first set of results as public listed company

Calnex Solutions' revenues rise by 31% to £18m in first set of results as public listed company

Calnex Solutions (LON:CLX) a tester of equipment, which unveiled a 22% in profit in its maiden annual results as a publicly listed company. Proactive tech analyst Richard Jeans takes viewers through the details as the stock performed well since the IPO in October, up around 120%.

The company designs and manufactures test instrumentation which is used to test critical infrastructure of the new telecom networks.

Revenues have grown by 31% with an increasing customer base, 192 revenue generating customers last year to 94k up from 78k.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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