Netcall upgrades annual guidance as first-half profit improves

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Customer engagement software group Netcall posted a rise in first-half profit and upgraded its annual guidance, as it increased cloud services customer numbers.

Pre-tax profit for the six months through December amounted to £0.96 million, up from £0.14m year-on-year, as revenue climbed 9% to £13.4 million.

Adjusted earnings before interest, tax, depreciation and amortisation rose 39% to £2.95 million.

'Whilst mindful of the ongoing impact of the pandemic, the board now believes that adjusted EBITDA for the full year will be ahead of its previous expectations,' Netcall said.

At 8:59am: (LON:NET) Netcall PLC share price was 0p at 48.5p