A Companies House filing of report and accounts for Aconex (UK) Ltd, the UK arm of Australia-based construction collaboration technology vendor Aconex, showed that it had a turnover in the year ending 30 June 2007 of £588,035 (up from the previous year’s £325,391). It made a small pre-tax loss of £12,383 – a big improvement on the previous year when the UK business lost £332,065.
These results broadly reflect what Aconex’s Frank Carron told me last December, but have to be looked at in the context of the whole Aconex group – which, as outlined last week, turned over AU$41.6m (£17.7m) in the year to 30 June 2008. Revenues attributed to the UK operation in 2007 then comprised just under 6 per cent of the group’s worldwide turnover.
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[…] Ltd reported revenues of £1.909m, over three times the £0.552m it achieved the previous year (see Aconex (UK) Ltd – 2007 update). Simultaneously, a slight loss was replaced by a healthy pre-tax profit of […]