A trading update from 4Projects says the Sunderland, UK-based SaaS construction collaboration technology provider (now part of Viewpoint Construction Solutions), has:
“continued its strong business performance by posting double digit recurring revenue growth during the first half of 2013 and increased their enterprise customer count by meaningful double digit percentages as well. The 4Projects business is healthier than ever with much of the recent success being attributed to strong sales in the core EMEA business, as well as new international customers in the U.S., South Africa, Australia, Qatar and elsewhere.”
No figures are provided to give additional substance. 4Projects financial year-end is 31 March, so it is due to file its 2012-2013 accounts at Companies House very soon. In the previous year, it reported revenues of just under £5.1m and a pre-tax profit of nearly £1.9m (January 2013 post), and the signs of ‘double digit’ growth were already clear.