@UK, a cloud e-commerce marketplace, said it had now signed three new contracts that were delayed from 2012.
They are re expected to deliver revenues of over £500,000 over a three year period, the firm said.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
It is also creating e-commerce marketplaces for Bristol City Council and not-for-profit company JISC Advance.
Ronald Duncan, Chairman of @UK, said: "While it is always difficult to be certain of the timing of public sector contracts, we are confident that the market for our services is expanding and we view the future with confidence".
The firm's shares were trading up 9% by 0930, following the news.
MM
-
Divorced? Simple rules to stop your ex claiming inheritance on your estateDivorces are back at pre-pandemic levels leaving lawyers urging separated couples to get their affairs watertight to avoid any nasty disputes after death
-
Is now a good time to invest in Europe?European stocks are undervalued, but experts believe that defence and infrastructure spending could see renewed growth
