News & Comment
Transaction software specialist Clarity Commerce Solutions has turned a £1.1 million interim-operating loss into £80,000 first-half profits.
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Software management specialist Clarity Commerce Solutions has followed a £420,000 US deal with a £468,000 Amsterdam waterways contract.
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Clarity Commerce Solutions’ shareholder revolt has gathered serious momentum with 47.4 per cent of shareholders at the AIM-listed software group now supporting action to oust chief executive Graham York.
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Software specialist Clarity Commerce Solutions has recently won contracts for its electronic point of sale software (EPOS) from the likes of Punch Devro, Diageo, Hartford and the National Union of Students and word is that another important deal will be announced soon, writes Leslie Copeland.
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Recommendations
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Summer is usually a quiet time for the market but there has been a definite energy about the smallcap and growth company scene over the past four weeks. Our 2003 Company Watch and Company Profile recommendations, already strongly ahead by 31 per cent when we reported last time, have maintained their momentum and are now a handsome 36 per cent ahead.
The main reason for this has been an abundance of positive trading statements, a welcome spattering of sterling results from those reporting and
a distinct lack of profits
warnings.
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'It has been a bad time for most software companies. But we are not doing too badly. If we were large, slow and dominant, with a lot of market share to defend, then maybe I would be worried. But I am not, because we are a fast-moving company causing a lot of pain for others because we are winning market share.'
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