Small caps round-up: Nexus, Cyan

Information technology service provider Nexus Management said its US division produced a better than expected performance in 2011, while the group as a whole has got off to a reasonable start in the current financial year.

Information technology service provider Nexus Management said its US division produced a better than expected performance in 2011, while the group as a whole has got off to a reasonable start in the current financial year.

Revenue in the year to September 30th edged up to £5.90m from £5.85m the year before, while the loss before tax narrowed to £0.11m from £0.69m. Cash and equivalents at the end of the financial year had risen to £0.41m from £0.38m a year earlier.

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