VMob-turned-Plexure optimistic after first profit

Tue, 30 Oct 2018

By Nikki Mandow Oct. 30 (BusinessDesk) - Formerly shaky mobile engagement software company Plexure Group has reported its first profit, seen its share price jump from a low base, and says there are signs of more positive things to come. Plexure saw revenue increase 51 percent for the six months ended Sept. 30, to $8.1 million, and net profit hit $1.1 million. This compares with an equivalent half-year loss of $195,000 in 2017. Cash reserves increased from $2.4 million to $6.1 million. The listed entity Plexure is the company-formerl...

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