Norkom, which provides software for financial institutions, has reported its first set of results since listing in Dublin and London in June.
Pre-tax profits rose to €1.7m from €1.1m in the same period last year, as revenue jumped 41% to €11.5m. Earnings per share grew by 22% to 2.18 cent.
Licensing revenue soared by 77%, and the company increased its spending on research and development on new products by 50%.
During the six months, Norkom expanded its operations in the US an opened an office in Sydney. The company said it was trading well in the second half so far. Chief executive Paul Kerley told RTE radio he was aiming for full-year revenue growth of around 30%, with underlying profits ahead by around 18%.
Norkom shares fell 2 cent to €1.73 on the ISEQ in Dublin this evening.
