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Drumz PLC - Beaconsfield, England-based software sector investment - Says its investee, Surrey-based Acuity Risk Management Ltd, reports revenue growth for its financial year ended March 31 with strong growth continuing since. Revenue climbs about 30% to £1.6 million. Orders in the current financial year 2023 show ‘strong growth in the value of orders won compared to the first quarter last year,’ Drumz adds. Says its investee had significant new business wins, from unnamed companies, such as ‘a major global broadcaster, a leading information provider, and a German software company which operates worldwide.’
Acuity's main product is STREAM, which is an integrated risk management software that can be used by private and public sector clients to manage their security and other risks.
Current stock price: 0.55 pence, down 4.0% on Tuesday
12-month change: up 0.4%
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