The 6PM group reported a pre-tax profit of £1,628,607 (2014 – £938,852).

The gross profit for the year amounted to £6,065,839 (2014 – £4,585,610), equivalent to 54 per cent (2014 – 47 per cent) of total revenues.

Total equity at the year-end amounted to £15,803,431 (2014 – £5,660,002).

The group said the substantial improvement was achieved due to the added focus that the Group is achieving within the health products sphere, mainly within the clinical and hospital management products.

Following the bond issue and the acquisition of Blithe Computer Systems Ltd, both done in July 2015, the group continued to experience growth in all streams (revenue and profitability).

In the circumstances and in line with the announcement on the interest from prospective investors, the directors felt that it was prudent not to declare a dividend.