Irish mobile firm Zamano has reported a 19.3% increase in its revenue for the six months to the end of June.
Zamano said its revenues came in at €10.4m, with its half yearly pre-tax profit rising by almost 19% to €1.146m.
The increase came despite a slight fall in sales at its Irish operations, with a 30% jump in its British arm's revenue more than offsetting that dip.
It said that the Irish business continues to be impacted by ongoing changes in compliance requirements, adding that overall market conditions remain challenging.
The company, which once made a significant amount of its money from ringtones, has in recent years transitioned into a mobile-focused marketing and payments service.
Its clients includes Vodafone, Three and Permanent TSB.
Zamano announced earlier this month that it had received a possible takeover offer worth 20 cent per share.
In its results statement today, the company said there continued to be no certainty that a formal offer will be made, adding that a further announcement would be made as appropriate.
Ross Conlon, the company's CEO, said that Zamano continues to adapt and modify its product and service offerings in order to meet the requirements of consumers.
Mr Conlon said it continues to seek out investment, acquisition and joint venture opportunities to enable it to grow and diversify the business.
He added that the overall trading outcome for the business for the six months to the end of June was "highly satisfactory".