FMDAY has a good PR today, looks like they should move up from here:
Mr Mats Johansson, CEO of Futuremedia, gave a presentation during which, after an overview of Futuremedia's history, he made the following remarks: "We operate in the learning market in which the technology segment is growing rapidly. There is no clear market leader in this segment yet. With a European base and perspective we aim to be the European market leader in terms of revenue, return, recognition and reputation. Our financial performance has greatly improved over the last years, bringing us to the point where we are now cash flow positive, have no debt, and have sufficient free cash flow to fund further important growth. During the current quarter, Q4 of fiscal 2004, which ends on 30 April, we are expecting considerable growth compared to Q3. We are further aiming to continue significant revenue and EBITDA growth into fiscal 2005, although due to the seasonality of a number of our contracts, and other factors, quarter on quarter growth rates might fluctuate."
biz.yahoo.com |
