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WIN revenue up 9.8 per cent

Stuart O'Brien
WIN revenue up 9.8 per cent

Mobile content service provider also posts a profit for 2009

WIN says it generated revenue of £41.9 million in the year ending December 31st, up 9.8 per cent on the previous 12 months.

The company also posted a pre-tax profit  of £398,000, compared to a £760,000 loss in 2008.

WIN says it was able to achieve the results following some cost cutting and new service launches with Vodafone, O2, Sony Ericsson and Cosmote Romania.

The company had cash of over £3 million at year end and no debt, despite increased capital expenditure of over £2 million in 2009.

Graham Rivers, CEO of WIN, said: “We have continued to expand our business in the Managed Services and Enterprise markets, both of which had a particularly strong final quarter.

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"In addition, we have maintained investment in developing our Next Generation Messaging Platform, which will represent a significant leap forward in technological capability and which weexpect to go live towards the end of 2010."

Tags: win , win plc