StockMarketWire.com - Cloud computing company Iomart has today reported revenue growth of 29% to £43.1m in the year to end-March, up from £33.5m in the previous year.

Adjusted EBITDA growth was 48% to £16.5m (2012: £11.2m).

Adjusted profit before tax growth was 56% to £10.7m (2012: £6.9m).

Adjusted basic earnings per share from operations increased by 21% to 8.46p (2012: 6.99p).

Cashflow from operations increased by 54% to £14.8m (2012: £9.6m).

Adjusted EBITDA margins increased to 38% (2012: 33%).

Proposed final dividend increased by 56% to 1.40p per share (2012: 0.90p per share).

Profit before tax growth was 49% to £8.7m (2012: £5.8m).

Basic earnings per share from operations increased by 11% to 6.91p (2012: 6.22p).

Angus MacSween, CEO, commented, "This has been another excellent trading period for iomart, delivering substantial growth both organically and through successful acquisitions. Trading since the year end remains encouraging and in line with our expectations. We continue to be well placed to deliver an ever wider range of cloud services and with our growing credibility and strength we expect to be able to penetrate further into the corporate environment. Our experience and skills are growing and we continue to improve and invest in our systems and people to support further significant growth. I look forward once again with confidence to the year ahead."




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