Catenae Innovation P.L.C. – Half-year report

Catenae Innovation P.L.C. – Half-year report

Catenae Innovation Plc, the AIM quoted (AIM: CTEA) provider of digital media and technology, announces its half yearly report for the six months ended 31 March 2019.

HIGHLIGHTS

  • OnSuite Proof of Concept agreements converted into Contracts
  • Sequestrum (Blockchain) product launched as both standalone product and integrated into existing product ranges
  • Expansion to business sectors outside of Football, including Buildings and Facilities Management, Charities and Rugby
  • Post period end, a Head of Sales appointed along side a lead generating marketing partner

Tony Sanders, Chief Executive, said:

The six months under review have seen further progress of the cost reduction exercise combined with growth in the sales of the OnSuite products (i.e. OnSite, OnGuard and OnSide). The Company is now in a position where it is taking advantage of the existing product suite as well as continuing to look at opportunities to expand into new sectors and diversify its revenue streams.”

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