Transactor reports first ever £1m Ebitda
Software company also breaks through £10m revenue barrier.
Transactor Global Solutions has posted an Ebitda of £1.03m for the year ended 31 March 2016.
This represented an 18% uplift on the £871,834 achieved in the previous year.
The figures, released in a filing at Companies House, also showed that turnover topped £10m for the first time at £10.48m (2015: £9.12m).
However, the result after tax came in at £44,355 loss.
This was still an improvement on the £73,490 lost the year before.
At that time CEO Ray Vincent told Insurance Age that the deficit was
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