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Big data technology company Rosslyn Data Technologies said it expected to post a narrower annual earnings loss amid rising sales.
Operating Ebitda losses for the year through April were expected £432k, compared to losses of £1.8m on-year.
Revenue was seen rising 8.3% to £7.0m.
Investment in research and development amounted to £0.9m, down from £1.1m on-year.
Rosslyn Data Technologies said it would continue to focus on cutting costs, though it also said that it intended to spend more on sales and marketing in the current financial year.
'This year we have been able to grow our top line revenues, particularly licence fees, reduce our cost base and, most importantly, generate cash during the year, all whilst maintaining excellent service delivery to our clients,' chief executive Roger Bullen said.
'The growth in the RAPid platform, which now fully utilises the suite of products purchased in May 2017, enables us to offer our clients a broader solution to benefit from their difficult to reach supply chain data.'