Mobile data services company Zamano has reported revenues of €9.463m for the six months to the end of June.
This is up 51.7% up from the €6.239m reported the same time last year.
Pre-tax profits for the six month period rose to €946,000 from a pre-tax loss of €530,000 on the back of a strong performance in its UK web and mobile marketing business.
The company also reported an ''impressive performance'' in its direct to consumer and whitelable business in Ireland.
Zamano said its Irish sales for the six month period rose by 46% to €3.73m, while gross profit at €823,000 was 3% ahead of this year time year.
The company said that the excellent performance during the first half of the year masks the fact that ComReg's new code of practice will have a deleterious impact on its business during the rest of the year and in future years.
''However, the impact of the new code will be offset to some degree during H2 by the run-off of sales from our existing direct to consumer subscriber base and by the introduction of new non-subscription services since the beginning of August,'' the company added.
''The board and management, while fully conscious of the many commercial and regulatory challenges confronting the group, expect to build on the performance achieved during the first half of the year and anticipates a strong outcome for the year to December 31 2012,'' commented Zamano chief executive Pat Landy