Business
Final Results: Allocate Software Reports Record...
Final Results: Allocate Software Reports Record....
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n \n\n3 August 2009\n\n Allocate Software plc (\"the company\")\n\n Allocate Software Reports Record Results\n for the Year Ended 31 May 2009\n\nAllocate Software plc (AIM: ALL), the leading provider of workforce optimisation solutions, today announces\nits results for the year ended 31 May 2009.\n\nFinancial Highlights\n\n- Revenue increased by 36% to £15.8m (2008: £11.6m)\n - Licence revenue increased by 32% to £7.6m (2008: £5.8m)\n - Services revenue increased by 37% to £8.0m (2008: £5.8m)\n - Healthcare revenue increased by 69% to £11.1m (2007: £6.6m)\n- Trading profit* increased by 37% to £2.53m (2008: £1.85m)\n- Trading profit* margin increased to 16.05% (2008: 15.98%)\n- Diluted adjusted EPS** increased by 31% to 5.36p (2008: 4.1p)\n- Cash balances at the year-end of £3.7m (after £2.1m cost of investment in Baum Hart & Partners)\n\n* Trading profit defined as profit before amortisation of intangible assets, share-based payments,\n interest and tax\n** Excludes amortisation of intangibles, share-based payments and deferred tax adjustment\n\nBusiness Highlights\n- Total Healthcare customer base has now reached over 180 NHS Trusts in the UK and four Private\n Healthcare Providers\n- MAPS Healthroster gained 46 new NHS Trust customers, making 81 in total at the year-end (which\n represents 21% of the total number of Acute, Mental Health and Primary Care Trusts in England and Wales)\n- Successful integrations of Key Information Technology Services (\"KITS\") and Baum Hart & Partners(\"BHP\")\n- NATO extended its use of MAPS to provide access by all NATO Allies; it is now the defined standard\n for all national contributions for Force Generation across NATO\n- MAPS Maritime selected by Maersk Oil Qatar for its shoreside and offshore operations\n- Directors confident of another successful year\n\nPost-period events\n\n- Name changed to Allocate Software plc on 28 May 2009\n- Geographic expansion continues with second sale of MAPS Healthroster into Malaysia\n- Launched new Doctor Rostering module and the first sale of this module to an existing NHS Trust\n customer has already been made\n- Two additional sales of MAPS Healthroster in the UK\n- Launched Next Generation BSMS, temporary staffing solution to the market\n\nIan Bowles, Chief Executive Officer of Allocate Software, commented:\n\n\"FY09 was a significant year fo...