Robotic software firm revenues increase to £4 million in half year results
Blue Prism, a robotic process automation software firm, has posted its maiden interim results, following its stock market listing in March.
The Newton-le-Willows-based company’s software allows customers to save costs by creating a virtual workforce to handle back office, clerical functions. Blue-chip customers include the Co-op Bank, online retailer Shop Direct, RWE npower, the NHS and O2.
It saw group revenues increase 21% to £4m in the six months to the end of April 2016(H1 2015: £3.3m), with recurring licence revenues at 83% of total group revenues (H1 2015: 51%). Losses stood at £2.6m, including IPO costs of £1.2m.
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