Revenue rises at ILX
AIM listed e-learning software and business training provider ILX said it is confident trading for the year ended 31 March 2012 will meet market expectations.
AIM listed e-learning software and business training provider ILX said it is confident trading for the year ended 31 March 2012 will meet market expectations.
Increased revenue is expected to give an operating profit of around £1m.
In a company update ILX said, "Despite the continued challenging market conditions, especially in the UK, ILX has experienced overall revenue growth due to the strength of its overseas operations."
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
ILX said it continues to focus on developing its e-learning digital capability and the building of recurring revenue streams from its software products.
"This is allied to its strategy of international expansion where the Company continues to see steady growth, principally in Australasia and the Middle East, where significant new contracts have been won," it added.
CJ
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
'We face a £6m inheritance tax bill under Reeves's changes – it's sheer terror'
Thousands of families fear they’ll have no option but to look at selling their firms in a fire sale to pay inheritance tax bills, due to Rachel Reeves’s changes to business property relief
-
Millions of over 50s fear pension investment risk – how should you position your portfolio?
To de-risk or not to de-risk, that is the question. Act too late and you could face irreversible losses. Move too early and miss out on significant gains that could transform your retirement.