Skillcast Group provides content and software to companies for their training and compliance requirements. The UK is the main market, but there are also customers in the EU and other parts of the world.
There were annual recurring revenues of £5.06m at the end of June 2021 - they were below £3m at the end of 2018. The subscription revenues continue to grow, while professional services revenues are being maintained. The business has consistently generated cash and does not appear to capitalise development costs.
The shares are tightly held with the board and five other shareholders owning more ...
