dreamcatcher
- 27 Oct 2012 13:30
http://www.netdimensions.com/
Established in 1999, listed on the London Stock Exchange (AIM: NETD) and trading on OTCQX (OTCQX: NETDY), NetDimensions is committed to leadership in performance, knowledge, and learning technology. Our global solutions help organizations achieve productivity & efficiency improvements, cost reduction, risk management, and cultural & process innovation.
Through our own offices worldwide, as well as through a global reseller network that extends to over 40 countries, NetDimensions has served over 1,000 clients with more than 9 million users over the last decade.
Today, NetDimensions provides secure, flexible, and practical talent management solutions to personalize learning, share knowledge, enhance performance, foster collaboration, and manage compliance for employees, customers, partners, and suppliers. Our focus lies on highly-regulated industries where operational and compliance requirements are particularly complex.
As a company, we embrace a culture of continuous improvement. Things will continue to change and evolve in our industries, so we created an environment for our solutions that lends itself to this evolutionary cycle so that our clients' investments will continue to be useful not only today but also into the future.

dreamcatcher
- 22 May 2013 07:14
- 14 of 41
dreamcatcher
- 22 May 2013 07:15
- 15 of 41
Appointment of Senior Executives
RNS
RNS Number : 2583F
NetDimensions (Holdings) Limited
22 May 2013
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company" or the "Group")
Appointment of Senior Executives
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, announced today that it has appointed two new senior executives, Jill Mahony as Chief Human Resources Officer and Don Hernandez as Chief Sales Officer.
Based in London, UK, Jill Mahony will take responsibility for NetDimensions' global HR programmes with an immediate focus on hiring new staff as part of NetDimensions ongoing expansions.
Prior to joining NetDimensions, Jill was a senior consultant at IBM having worked on complex HR transformation projects and strategies with multinational, multicultural global companies and FTSE 100 clients. She helped develop and implement the merger strategy for PWC, where she had responsibility for TUPE transfer, culture integration, and best of breed consulting practices. More recently, she had been working as an HR Management Consultant and Coach.
Don Hernandez will take over duties as Chief Sales Officer, focusing on major global deals.
Until January 2013, Don was the Managing Director of Kenexa Learn Asia Pacific (now part of IBM). He previously led international sales at Plateau Systems (now SuccessFactors, an SAP company) and EMEA sales at SumTotal Systems. This considerable experience has provided him with a deep understanding of the critical requirements related to learning and talent management in organisations of all sizes, and how to use technology to meet these demands.
Jay Shaw, CEO of NetDimensions commented: "We are delighted to welcome Jill and Don as Senior Executives of NetDimensions. We are investing for growth and expanding our teams around the world to better serve the needs of global clients. We expect Jill and Don to be key players in these initiatives."
dreamcatcher
- 08 Jul 2013 16:41
- 16 of 41
Northland Capital Partners View on the City
TMT: NETDIMENSIONS (LON:NETD)
PRE-CLOSE UPDATE: REVENUE IN LINE, LOSSES LOWER
•H1 revenue in line but losses lower than forecast.
•Successfully raised $6m in May in order to accelerate revenue growth through increased recruitment.
•As at H1, 75% of the new quota carrying sales positions had been filled (to 29). In addition, a new Chief Human Resources Officer and Chief Sales Officer have been added as well as hires across a number of client-facing departments.
•34 new clients added in H1 with the new Healthcare division performing above expectations.
http://www.proactiveinvestors.co.uk/columns/northland-capital-partners-view-on-the-city/13473/northland-capital-partners-view-on-the-city-auhua-clean-energy-netdimensions-holdings-limited-and-serabi-gold--13473.html
dreamcatcher
- 08 Jul 2013 16:42
- 17 of 41
Business update
RNS
RNS Number : 7607I
NetDimensions (Holdings) Limited
08 July 2013
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company")
Business update
NetDimensions updates the market on operational performance to 30 June 2013
NetDimensions (LSE AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge and learning management systems, is pleased to provide the following update on operational progress to 30 June 2013 (the "period").
GAAP revenue is in line with management expectations for the period and the adjusted loss before tax will be smaller than forecast.
Following on from the successful USD6m placing of new shares and the announcement made on 22 May 2013 outlining the Board's investment plan to substantially grow sales revenues, the Board is pleased to announce that the implementation of the plan is gathering pace.
One of the key elements to the growth is the recruitment of additional sales quota carrying staff and as at 30 June 2013 the Company had filled 75% of the new quota carrying positions, bringing the total to 29, an increase of 71% from the beginning of the period.
In addition to the quota carrying new hires and the new Chief Human Resources Officer and Chief Sales Officer which were recently announced, the Company has also recruited in the following departments:
· Sales operations
· Pre-sales
· Account Management
· Marketing
· Client Services
· Professional Services
· Software as a Service
· Quality Assurance
The Company is also in advanced discussions to take on additional office space in Hong Kong and Atlanta to support the expanding operations in these locations.
It is still early on in the implementation of the plan but progress is already being made with the addition of 34 new clients in the period.
The new Healthcare division is performing above expectations and the investment in this division is accelerating with a focus on the sales organisation and sales quota carrying hires.
Matthew Chaloner, NetDimensions CFO, commented: "This is an exciting time for the Company and we are very pleased with the progress made to date. We are executing to plan and building a strong foundation for substantial future sales growth."
Northland Capital Partners View on the City
TMT: NETDIMENSIONS (LON:NETD)
PRE-CLOSE UPDATE: REVENUE IN LINE, LOSSES LOWER
•H1 revenue in line but losses lower than forecast.
•Successfully raised $6m in May in order to accelerate revenue growth through increased recruitment.
•As at H1, 75% of the new quota carrying sales positions had been filled (to 29). In addition, a new Chief Human Resources Officer and Chief Sales Officer have been added as well as hires across a number of client-facing departments.
•34 new clients added in H1 with the new Healthcare division performing above expectations.
http://www.proactiveinvestors.co.uk/columns/northland-capital-partners-view-on-the-city/13473/northland-capital-partners-view-on-the-city-auhua-clean-energy-netdimensions-holdings-limited-and-serabi-gold--13473.html
dreamcatcher
- 08 Aug 2013 07:11
- 18 of 41
Industry Recognition as 'Core Leader'
RNS
RNS Number : 2068L
NetDimensions (Holdings) Limited
08 August 2013
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company")
Industry Recognition as 'Core Leader'
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, announces that Elearnity, the Learning and Talent Management industry analyst company, has ranked NetDimensions as a 'Core Leader' amongst its peers in the Learning Management Systems category.
Elearnity is Europe's leading independent Corporate Learning and Talent industry analyst research company with clients across all sectors which rely on Elearnity's knowledge of Learning and Talent Management solutions, technologies and industry trends, to help them make the best corporate learning, e-learning and talent strategy decisions.
Elearnity published a new report "Elearnity 9-Grid™ for Learning Management Systems" in July 2013 and ranked NetDimensions as a 'Core leader' in the LMS market segment.
dreamcatcher
- 07 Jan 2014 09:47
- 19 of 41
Trading update
RNS
RNS Number : 0190X
NetDimensions (Holdings) Limited
07 January 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company")
Trading Update for the 12 months to 31 December 2013
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, is pleased to provide a trading update for the 12 months to 31 December 2013 (the "period").
Sales revenue and invoiced sales for the period are likely to be substantially higher than for the prior year. Company management expect to report full-year 2013 GAAP revenue comfortably in excess of the consensus forecast of US$15.8M and to report invoiced sales of some US$17.6M. These results were helped by a particularly strong performance in the second half with both sales revenue and invoiced sales growing by more than 20% from the second half of 2012.
In addition, the full year loss before interest and certain non-cash items will likely be substantially lower than current market expectations. The Company ended 2013 with no debt, more than US$7.7M in cash and some US$6.6M in short-term receivables.
The Board is particularly encouraged by the performance of the Company's Software as a Service ("SaaS") business. SaaS sales revenue in the period is likely to be in the region of US$6.1M (2012: US$4.5M), an increase of 36% over the prior year. The shift to SaaS is a result of the Board's strategy to position the Company as a primarily SaaS business with the benefits of more predictable recurring revenue and greater opportunities for up-selling.
The Company continues to target clients in high-consequence industries in line with the business plan. We are pleased to report that we added 67 new clients in the period, including Royal Caribbean Cruises Limited, KPMG LLC, General Mills (Häagen-Dazs), Omron, Jaguar Land Rover Limited, Globus Medical, Babcock, BCD Travel, Digicel Group, Emdeon, The Nature Conservancy and Musculoskeletal Transplant Foundation. The new clients operate in a variety of industries, including high-consequence industries such as transportation and logistics, automobile manufacturing and distribution, law enforcement, financial services, precision engineering, life sciences and healthcare.
The deferred revenue balance at the end of 2013 will likely be in the region of US$7.6M (2012: US$6.1M), an increase of 25% over the prior year. Management expect almost all of the 2013 deferred revenue to convert to GAAP revenue in 2014, providing the Business with a solid start to the new year.
"The sales revenue and invoiced sales numbers for the second half were very encouraging, in fact substantially ahead of the prior year numbers," said Chief Executive Officer Jay Shaw. "These figures give us confidence that the plan we started to implement in May 2013 can and will deliver substantial revenue growth over the next few years," he added. "I am particularly pleased with the performance of our SaaS learning, performance and analytics offerings. We intend to grow these revenue lines aggressively."
dreamcatcher
- 18 Feb 2014 07:08
- 20 of 41
NetDimensions positioned as "Core Leader"
RNS
RNS Number : 2774A
NetDimensions (Holdings) Limited
18 February 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company")
NetDimensions positioned again as a "Core Leader" in Elearnity's latest 9-Grid report for Learning Management Systems
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, has been positioned again as a 'Core Leader' in the 2014 release of the unique European learning and talent market insight report, Elearnity 9-Grid™ for Learning Management Systems (LMS).
The latest Elearnity 9-Grid™ report, published in the end of January 2014, recognises NetDimensions' strong performance, the Company's growing recognition with enterprise-class clients, and its strong presence in regulated industries. NetDimensions is the only company rated as "Core Leader" in the Elearnity 9-Grid™ report.
The report lists some of NetDimension's qualities as:
· Consistently strong customer advocacy and high levels of customer execution
· Experiencing continued growth with larger enterprise customers (especially in regulated industries)
· Developed operational model and global presence accordingly
Compared to the first version of Elearnity's 9-Grid report, which was published in July 2013, NetDimensions has strengthened its trajectory for 'Performance', an assessment including both market performance and customer performance.
The report also recognises the flexibility of the NetDimensions Talent Suite and highlights some unique features of the solution including:
· Robust approach of always building customisations into the core code means no customer is left behind
· Continues to develop Performance-orientated Talent Management approach and mobile capabilities
· Provides a solid suite of functionality with some unique capabilities (e.g. mEKP portable LMS for disconnected learners)
· Mature approach to social learning, portal design, secure deployments and high stakes assessments
The Elearnity 9-Grid™ model rates the solutions available in the market based on five levels of insight: Performance, Potential, Market Presence, Total Cost of Ownership and Elearnity's own expectations on how the trajectory of performance and potential might change in the future.
Alex Poulos, Chief Marketing Officer at NetDimensions said:"Based on our strategy, we have been investing in global presence and we have defined a very specific market focus. We aim to be the leading provider of talent management solutions within the highly regulated industries. We are very pleased that Elearnity sees us as a Core Leader in this space."
dreamcatcher
- 27 Feb 2014 07:10
- 21 of 41
Presenting at the Wall Street Analyst Forum
RNS
RNS Number : 0282B
NetDimensions (Holdings) Limited
27 February 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company")
Presenting at the Wall Street Analyst Forum - 25th Annual Conference
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, will present at the Wall Street Analyst Forum ("WSAF") 25th Annual Conference to be held at the University Club New York on Monday, March 3, 2014 at 9:05 a.m. Eastern Standard Time on Track 2.
WSAF two-day conference runs from March 3-4 and is expected to attract many high profile Institutional Investors with over two thousand Institutional Investment Firms attending WSAF conferences in the past.
Matthew Chaloner, Chief Financial Officer at NetDimensions said: "We are delighted to be kicking off the U.S. Investor Conference Season by presenting at the Wall Street Analyst Forum's 25th Annual Conference. This will be a great opportunity to meet and engage with new Investors and raise the Company's profile in the U.S."
dreamcatcher
- 03 Apr 2014 07:10
- 22 of 41
Uster Technologies selects NetD Talent Suite
RNS
RNS Number : 9413D
NetDimensions (Holdings) Limited
03 April 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company")
Uster Technologies selects NetDimensions to transform global sales processes and innovate with mobile learning
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, announced today that Switzerland-based Uster Technologies, a global market leader in textile quality control, has chosen NetDimensions Talent Suite as Secure SaaS in order to provide training to employees all over the world.
Uster Technologies is the premier quality reference point for textile producers worldwide. It has over 60 years' expertise in testing and monitoring solutions dedicated to the production of the finest fibers, yarns, and fabrics. Uster Technologies offers its clients know-how, industry expertise, and customer support - underpinned by an exclusive range of quality control instruments.
"We were looking for a truly global company, which would be able to provide us with solutions that meet our specific requirements and help us improve our organisational performance."
"We needed an efficient, multi-language Learning Management System (LMS), which would allow us to accelerate onboarding, improve product knowledge, drive sales processes, and support IT roll outs all over the world. The LMS also needs to interoperate seamlessly with other systems, which we already have in place in our organisation", explained Geoffrey Scott, CEO at Uster Technologies.
Effective knowledge management and sales processes, as well as efficient onboarding are critical to Uster Technologies, which has a global and highly distributed workforce.
"We were also looking for an innovative mobile solution to deliver training on tablet devices at the point of need all over the world.
"We evaluated several vendors and solutions, and in the end we chose NetDimensions, because it is a global company that could meet all our specific requirements and because it is well-known for their innovations on the mobile front," continued Scott.
"We are proud to be working with a leading company like Uster Technologies to support its global operations. This will in turn help Uster Technologies provide top-class service to their clients, textile producers worldwide," commented Liam Butler, General Manager for EMEA at NetDimensions.
dreamcatcher
- 04 Apr 2014 22:03
- 23 of 41
Final results Mon 7 Apr
dreamcatcher
- 07 Apr 2014 07:19
- 24 of 41
RNS
RNS Number : 1400E
NetDimensions (Holdings) Limited
07 April 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company" or the "Group")
Final Results for the Year Ended 31 December 2013
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, is pleased to announce its final results for the year ended 31 December 2013.
Financial Highlights
· 17% revenue growth to US$16.2M (2012: US$13.8M)
· 36% revenue growth in our global hosted secure Software as a Service ("SaaS") offering to US$6.1M (2012: US$4.5M)
· 55% revenue growth in the key North America market to US$6.8M (2012: US$4.4M)
· 25% increase in deferred revenue to US$7.6M (2012: US$6.1M)
· 13% increase in net cash to US$7.7M (2012: US$6.8M)
· 25% increase in Dividend payment to US$1.0 cent (GBP 0.6 pence) per ordinary share (2012: US$0.8 cent or GBP 0.5 pence)
Operations Highlights
· US$6M raised from share placing in May 2013
· US$5M finance facility with Silicon Valley Bank completed in September 2013
· Formation of NetDimensions healthcare on the back of the US$3.5M acquisition of eHealthcareIT in March 2013
· Launch of NetDimensions Denmark to service the Nordics Market (Norway, Sweden, Finland and Denmark). The Nordic countries have large global businesses, many of which operate in high consequence industries offering good potential for NetDimensions to grow its Business in this region
· Headcount increased by 37 (28%) to 167 with sales quota carrying heads increasing by 12 (71%) to 29
· 67 new clients added through direct and reseller channels including Royal Caribbean Cruises Limited, KPMG LLC, General Mills (Häagen-Dazs), Omron, Jaguar Land Rover Limited, Globus Medical, Babcock, BCD Travel, Digicel Group, Emdeon, The Nature Conservancy and Musculoskeletal Transplant Foundation
Roger Durn, Chairman of NetDimensions, commented: "The major investment phase of the three-year Business plan was substantially completed in 2013. The current financial year is about maintaining focus on high consequence industries such as healthcare, life sciences, financial services, energy, manufacturing and transportation. The Company continues to make progress towards achieving its goal of becoming a leading provider of Talent Management Systems and related compliance solutions for high consequence industries, and will continue to drive recurring revenue growth to achieve long-term sustainable profitability."
The annual report will be available on the Company's website and sent to shareholders shortly.
dreamcatcher
- 07 Apr 2014 17:20
- 25 of 41
NetDimensions: Panmure Gordon moves target price from 150p to 160p retaining a buy recommendation.
dreamcatcher
- 06 May 2014 07:21
- 26 of 41
RNS
RNS Number : 2530G
NetDimensions (Holdings) Limited
06 May 2014
6 May 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company" or the "Group")
Quarterly Operations Update
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, is pleased to provide a quarterly update for the 3 months ending March 2014 (the "quarter").
The Company is pleased to report that both revenue and invoiced sales for the quarter were substantially higher than the prior year quarter. Invoiced sales to clients in high consequence industries represented 82% (2013 Q1: 66%) of total invoiced sales for the quarter which is in line with our strategy of becoming the leading supplier of Talent Management Systems and related compliance solutions to highly regulated industries.
The Company added 17 (2013 Q1: 11) new clients in the quarter of which 65% (2013 Q1: 55%) were in high consequence industries including Healthcare, Financial Services, Transportation, Telecommunications and Precision Manufacturing. The proportion of invoiced sales from new business was 41% (2013 Q1: 33%) in the quarter providing further evidence that the investment is beginning to show a return and that we are executing to plan.
Jay Shaw, Chief Executive Officer of NetDimensions, said: "The first quarter performance was excellent and provides the Company with a solid start to the current financial year. It is particularly pleasing to see a high proportion of new business in the quarter which gives us confidence that the investment we made as part of the Business plan is beginning to provide a return. "
dreamcatcher
- 11 Jul 2014 16:41
- 27 of 41
11 Jul Panmure Gordon 178.00 Buy
dreamcatcher
- 22 Jul 2014 18:18
- 28 of 41
PeaceHealth selects NetDimensions Learning
RNS
RNS Number : 9044M
NetDimensions (Holdings) Limited
22 July 2014
22 July 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company)
PeaceHealth selects NetDimensions Learning to transform learning and competency management for compliance
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, announced today that PeaceHealth has selected NetDimensions Learning as their centralised solution for learning and competency management for its over 16,000 caregivers.
PeaceHealth is a not-for-profit healthcare system based in Vancouver, Washington, with services located in Alaska, Washington and Oregon. PeaceHealth includes a large multi-specialty medical group in all three states, laboratories, a Medicaid health plan (Columbia United Providers), and 10 medical centers.
PeaceHealth was looking for a Learning Management System (LMS) to enable personalized training, eLearning, and orientation associated with the rollouts of EPIC Enterprise, and to efficiently manage both technical and clinical competencies for their employees, called caregivers. In effect, the new LMS would have to support all quality initiatives and process changes related to healthcare reform and do so in the most cost-effective and learner-centered way.
After a thorough six-month selection process, which included a robust RFP, detailed due diligence, and multiple scenario driven demonstrations, PeaceHealth's search committee chose NetDimensions Healthcare and NetDimensions Learning.
Jan Buhmann, Manager of Learning Technologies at PeaceHealth, commented, "In our selection process, which included both key stakeholders and technical experts, we spent significant time evaluating several products' functionality and interfacing capabilities. NetDimensions Talent Suite emerged as the leader because of its open APIs (Application Programming Interfaces), usability, integration of competencies and learning activities, and ultimately having the configurability to accommodate our EPIC implementation. We are looking forward to experiencing NetDimensions' implementation support to meet our project objectives."
Ken Wright, President of NetDimensions Healthcare, commented, "Healthcare providers in the US are currently facing many new challenges in addressing federal regulations, increasing employee engagement, and ultimately, improving patient outcomes and customer satisfaction. We are proud to be partnering with forward-thinking organizations like PeaceHealth and helping them transform their business in this rapidly changing healthcare environment
Bullshare
- 11 Sep 2014 17:13
- 29 of 41
Learn from the experts
You can now book your
free tickets for our big event on Saturday 13 September in partnership with the London Stock Exchange. Held at the Business Design Centre in Islington, North London, The Stock Market Show is a full day event designed to help you understand investing. We have secured a large number of financial experts to explain in simple terms how you should go about investing in the stock market, the ways in which to research individual stocks and how to use different investment and trading accounts.
Tickets for the event are free but must be booked in advance you can also book your seminar sessions on our five separate stages.
The day is about to become a hot talking point among investors across the country as we are very pleased to announce This is Money as our media partner, a website read by millions of people and part of the Daily Mail & General Trust (DMGT) media stable.
• Hear from more than 50 speakers across 5 stages including: product experts, CEOs from listed companies and renowned journalists from Shares including Daniel Coatsworth, Mark Dunne, Steven Frazer and Tom Sieber who will all be giving presentations on investing.
• Speak with over 40 exhibitors from a range of AIM companies brokers and platform providers including:
Alecto Minerals, Advanced Computer Software Group, Angle, Avation, Azonto Petroleum, Chaarat Gold, Corero Group Services, eg Solutions, EMIS, Fastnet Oil & Gas, Flowgroup, Fox Marble, Getech, Horizon Discovery, InternetQ, NetDimensions, Nostra Terra Oil & Gas, Premier African Minerals, Valirx, Velocys, Wishbone Gold and XL Media.
• Learn about investment topics tailored to suit a range of investors from novice to expert
• Meet with top financial services providers including;
Aberdeen Asset Management, AJ Bell Youinvest, Amati Global Investors, Boost, CMC Markets, ETF Securities, Hargreaves Lansdown, IG, Killik & Co, KPMG, London Stock Exchange, Panmure Gordon, Reyker Securities,Société Générale, Stockopedia and ThisisMoney.
Why you should attend:
We have structured the entire programme around one core principal: financial education
Learn about:
• What you need to become a successful investor
• Managing your own pension using stocks and shares
• The simple approach to valuing companies
• The importance of risk when researching stocks
• The most important areas in company documents and financial accounts
• Reading chart patterns
• An introduction to exchange traded funds and bonds
• Plus a host of other topics on industry sectors, trading techniques, market mechanics and tax issues
Hear from:
• Shares journalists
• Financial services professionals
• Chief executives of quoted companies
• Leading market commentators
Your chance to meet:
• Share dealing and pension providers
• Quoted companies
• Shares journalists
• Representatives from the London Stock Exchange
• Fellow investors
For more information and to register go to:
http://www.thestockmarketshow.com/
dreamcatcher
- 19 Sep 2014 19:45
- 30 of 41
Interim Result
22 Sep 14 Netdimensions (Holdings) Ltd [NETD]
dreamcatcher
- 13 Oct 2014 07:58
- 31 of 41
RNS
RNS Number : 0606U
NetDimensions (Holdings) Limited
13 October 2014
13 October 2014
NetDimensions (Holdings) Limited
("NetDimensions" or the "Company" or the "Group")
Business Update
NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, is pleased to provide a quarterly update for the three months ending September 30, 2014 (the "quarter").
The Company is pleased to report that both revenue and invoiced sales for the quarter were substantially higher than in the comparative period for the prior year ("2013 Q3").
Invoiced sales to clients in high consequence industries represented 82% (2013 Q3: 49%) of total invoiced sales for the quarter which is in line with our strategy of becoming the leading supplier of Talent Management Systems and related compliance solutions to highly regulated industries.
The Company added 10 new clients (2013 Q3: 11) in high consequence industries in the quarter, in line with our stated strategy. These new clients had a combined contracted value of US$939K (2013 Q3: US$672K) including one client through a tier 1 consulting partner. The average deal size for these new clients increased 54% to US$94K (2013 Q3: US$61K).
These new clients operate in a number of high consequence industries including aviation, chemicals, healthcare, precision manufacturing and government.
Invoiced sales from new business was US$1.4M (2013 Q3: US$1M) in the quarter, an increase of 40% over prior year.
Deferred revenue increased by 27% to US$7.1M (2013 Q3: US$5.6M) of which US$2.8M will be released to revenue in the fourth quarter of this financial year.
Jay Shaw, Chief Executive Officer of NetDimensions, said: "The third quarter of 2014 saw notable growth over the same period in the prior year and puts the Company on track to deliver on its stated business plan
js8106455
- 13 Oct 2014 17:17
- 32 of 41
LSEG The Stock Market Show - NetDimensions
Click here
js8106455
- 11 Nov 2014 15:55
- 33 of 41
Watch: NetDimensions - Mello 2014
Click here