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Sopheon revenue up as sales bookings double

By BFN News | 07:46 AM | Thursday 27 August, 2020

Software company Sopheon recorded first-half revenue of $13.9m - an increase on 2019 despite headwinds from the pandemic. Its half-year report recorded earnings before tax, depreciation and amortisation of $2.6m, down slightly on 2019. However, its net cash position improved to $21.9m, up from $18.7m. Total pipeline value and activity during the period saw four $1m-plus orders signed, with the value of new customer sales bookings doubling year on year. Story provided by

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