Software group Norkom has reported an increase of 31 per cent in earnings before interest, tax, depreciation and amortisation in the six months up until September 30th.
The group, which provides financial crime prevention and regulatory compliance software, underwent a successful IPO with a listing on both the AIM and IEX markets in June.
Revenue was up 41 per cent from €8.1 million in 2005 to €11.5 million this year with basic earnings per share up 22 per cent to 2.18 cent.
Norkon added to its franchise base with new clients including Crédit Agricole and Western Union. It also opened a new office opened in Sydney, Australia, to service the AsiaPac market.
It recorded increased licence revenue of 77 per cent and increased investment in research and development of 50 per cent.