ClearStar revenues up more than a third
16 March 2015
ClearStar has seen year-on-year revenues jump 37% to $10.92m (£7.37m), according to the international technology and service provider’s unaudited results for the year ended 31 December 2014.
Mon, 16 Mar 2015ClearStar has seen year-on-year revenues jump 37% to $10.92m (£7.37m), according to the international technology and service provider’s unaudited results for the year ended 31 December 2014.
The company mainly services the background checking industry.
The results, published this morning (16 March), reveal revenues rose to $10.92m for the year from $7.97m in 2013, while 2014 gross profit increased by 29% to $6.3m, up from $4.9m in the previous year.
Following an initial public offering (IPO) in July 2014, the group expanded outside of the US for the first time with the launch of its global division in the UK, and in November 2014 won a contract with an unnamed UK global risk management provider.
Revenues for the UK and global division business will be reflected in results announcements for 2015 and beyond.
The company mainly services the background checking industry.
The results, published this morning (16 March), reveal revenues rose to $10.92m for the year from $7.97m in 2013, while 2014 gross profit increased by 29% to $6.3m, up from $4.9m in the previous year.
Following an initial public offering (IPO) in July 2014, the group expanded outside of the US for the first time with the launch of its global division in the UK, and in November 2014 won a contract with an unnamed UK global risk management provider.
Revenues for the UK and global division business will be reflected in results announcements for 2015 and beyond.
