Rosslynn Data Technologies lifted by revenue growth

The price of shares in AIM-listed digital services firm Rosslynn Data Technologies (LON:RDT) climbed 6.33% to 7.47p (as of 11:15 BST) after its revenues rose by 8.3% during the year ended 30th April. The firm’s loss before tax narrowed by 54% and it’s cash position improved due to new financing arrangements and a positive cash flow movement.

CEO Roger Bullen commented: “Our work in 2019 has laid a solid foundation from which to grow the business further. We are confident of continued growth as we engage in numerous large client opportunities that we hope to be able to announce later this year“.