On Tuesday, digital security and privacy software business Kape Technologies (LSE:KAPE) revealed across-the-board growth in its numbers for the year ended 31 December 2019.
The firm posted a 27% year-on-year jumpin revenues to $66.1 million, a 40% leap in adjusted EBITDA to $14.6 million and net profits of $2 million up from a $500,000 loss in 2018.
Meanwhile, it said that it does not expect coronavirus to have an effect on demand for its products moving forwards.
“On the operational level, Kape is a digital company which is well structured to operate a remote workforce while providing full service to our customers,” it added.
In the video below, provided by piworld, Kape’s chief executive Ido Erlichman and chief financial officer Moran Laufer walk thorough the results in more detail.’
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