Big data leads to big profits for iomart Group plc

iomart announces further investment in UK hosting network iomart Group plc (AIM:IOM), today announced a positive set of consolidated half yearly results for the period ended 30 September 2012 boosted by adoption of cloud computing. The financial highlights are: 29% growth in revenue to £19.9m (H1 2012: £15.4m); 66% rise in pre-tax profits to £4.9m (H1 2012: £3m); adjusted EBITDA growth of 51% to £7.6m (H1 2012: £5.0m); and cashflow from operations increased by 54% to £6.4m (H1 2012: £4.1m).

Press Release Distribution , Big data leads to big profits for iomart Group plc, Big data leads to big profits for iomart Group plc