TechFinancials Reports 2015 Operating Loss as Revenues Dip from 2014

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TechFinancials Reports 2015 Operating Loss as Revenues Dip from 2014

Postby kreslik.news » Wed May 25, 2016 6:56 am


Leading technology provider to binary options brokers, TechFinancials, listed on the London Stock Exchange’s AIM market under ticker TECH, has today reported its 2015 preliminary results for its year ending December 31, 2015.

TechFinancials recorded $13.6m in group revenue for 2015, a decline of 12% from $15.5m reported for 2014, and amid strong performance in its B2B division which had 30% increases in its revenue growth year-over-year.
“2015 was a transformational year in which we completed our AIM listing.”

Software licensing revenues climb

Core software licensing revenue also rose by a nearly a third to $8.6m up by 30% from US$6.6m reported ... (read more)

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