Imaginatik PLC
16 March 2007
16 March 2007
Imaginatik plc
('Imaginatik' or the 'Company')
Trading Update
Imaginatik plc (AIM:IMTK), a leading provider of business innovation and
technology based systems for innovation and idea management, announces today
that it expects turnover for the year ended 31 March 2007 to be approximately
£2.5m. This compares to £1.4m in 2006, an increase of nearly 80%
There remains some uncertainty over the timing on the signatures of various
contracts and this volatility in the timing of contract signature may impact the
level of the loss for the year.
Mark Turrell, Chief Executive of Imaginatik commented ' We are pleased with the
growth we have seen in the last year, the Company sales pipeline remains very
strong and we anticipate a number of significant contract awards in the first
quarter of the next financial year'.
Further enquiries
Imaginatik plc Tel: 020 7917 2975
Mark Turrell, CEO / Shawn Taylor, CFO
ICIS Tel: 020 7651 8688
Tom Moriarty / Caroline Evans-Jones
About Imaginatik
Imaginatik is a leading provider of innovation infrastructure to some of the
world's leading companies. More than 110 clients rely on Imaginatik's software,
consulting and research to enable their best-of-breed Innovation activities.
Imaginatik's software and consulting services have helped clients discover
significant sources of additional revenue, as well as tangible cost savings,
process improvements and increased product pipeline. Imaginatik is also
committed to developing strategic solutions in the field of innovation, working
with academic institutions such as the London Business School and the Cass
School of Business, London, as well as leading practitioners of corporate
innovation.
Imaginatik was admitted to trading on AIM on 15 December 2006, raising £1.5m net
of expenses.
For further information please visit www.imaginatik.com
This information is provided by RNS
The company news service from the London Stock Exchange
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