Advanced Computer Software delivers 'fantastic' year

Advanced Computer Software Group, which provides healthcare and business management software, has hailed a 'fantastic' half year during what it described as a tough operating environment, with revenues and cash soaring.

Advanced Computer Software Group, which provides healthcare and business management software, has hailed a 'fantastic' half year during what it described as a tough operating environment, with revenues and cash soaring.

The group delivered group revenue of £56.8m, up 20% on the £47.3m seen in the same period the previous year, boosting pre-tax profit from £3.1m to £4.5m year-on-year. Adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) rose 10% from £12.0m to £13.2m over the same period.

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