Rosslyn Data Management Interims: Emerging from its cocoon….

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Rosslyn Data Management (LSE: RDT) 3.55p Mkt Cap £14m.

The recently reported interims to End October were ambiguous enough to pause to consider the recovery evidence. It remains loss making with an increased LBITDA of £1.36m on Revenue of £3.1m down from £3.6m. Admin costs were also higher but its due to the new management team increasing investment in products and marketing. The core Rapid product includes: a transformation of the UI/UX interface, a foundation architecture built to deliver...

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