Irish communications technology group Calyx has reported its first set of results since floating on London's AIM market in March last year.
Pre-tax profits were up nearly 10% to €1.7m, as revenue grew by 12% to €38.4m.
Calyx operates mainly in Ireland, but late last year made its first UK acquisition. It has also recently completed its largest deal, buying Dublin IT security specialist Entropy.
During the year, Calyx completed its €1.2m network operating centre. It says it is benefiting from the demand for increased IT security expertise.
CEO Maurice Healy led a management buyout of Calyx from Alphyra in 2002.