StockMarketWire.com - Intellego Holdings posts its first ever profit of £146,000, improving gross margins to 71% and reducing current liabilities by £974,000.

Revenues for the year to the end of March fell to £1.6m from £1.8m but the cost sales dropped to £574,062 from £1.04m.

The pre-tax profit compared with a loss of £1.0m last time.

Intellego said the changes initiated in the first six months had enabled the company to show a profit for the year and significant improvement across all divisions of the business.








Story provided by StockMarketWire.com