logo-loader
viewEckoh PLC

Eckoh see US Secure Payments arm of revenue surge 80%

Eckoh PLC's (LON:ECK) Nik Philpot talks to Proactive London's Katie Pilbeam about their full-year profits which are expected to be comparative with the previous year, despite the coronavirus pandemic.

Philpot explains that the focus will be on the US given that the US Secure Payments arm of the business saw its revenue surge 80% to US$6.5mln from US$3.6mln the year before.

This huge surge helped to offset the planned decline (by 61%) of revenue from its Support activities and an 85% decrease in revenue from the Coral contact. Looking to next year to 'get back on the frontfoot and back to growth again'.

Quick facts: Eckoh PLC

Price: 63.5 GBX

AIM:ECK
Market: AIM
Market Cap: £161.1 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Eckoh PLC named herein, including the promotion by the Company of Eckoh PLC in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

RM Secured Direct Lending aiming for share price to reflect NAV performance

RM Secured Direct Lending's (LON:RMDL) James Robson catches up with Proactive London about their fourth quarter performance. Robson talks through the company's NAV % Total Return for the month was +1.97%, which brings the NAV % total return for the quarter to 4.29% and for the full year 2020...

8 hours, 59 minutes ago

2 min read