Software and consulting firm First Derivatives says its half-yearly revenues jumped 56.2% to £17.7m sterling compared to £11.4m the same time last year.
Pre-tax profits for the six months to the end of August rose by almost 6% to £3.2m from £3.1m while EBIDTA increased by 16% to £3.9m from £3.4m
The Newry-based firm also announced an interim dividend of 2.9 pence per share, up 5.2% from the 2.75 pence given the same time last year.
First Derivatives said that software sales are up 158% on the same time last year, due to sales of existing products and sales of new products. It said it has has revenue flowing from over 40 software customers.
Consultancy sales rose by 26% in the six month period and the company continues to expand the range of services it offers to customers. The company said that while the market remains challenging, it is still managing to grow the business.
Chairman David Anderson said the company remains confident of achieving profits for the year in line with market expectations.
