Clear Books plc (“Clear Books” or the “Company”) is pleased to announce highlights of its unaudited interim results for the 6 months ended 30 September 2013.

Highlights

  • Re-registered as a public limited company on 9th September 2013
  • First half of FY14 revenue expected to be £395,000 (this compares to £474,000 for the full year for FY13)
  • More than 20% of CloudFunding initiative to raise £839,913 has been achieved in just 11 days
  • New marketing website launched, www.clearbookspro.com, which will pave the way for planned sales and marketing activity to accountancy practices
  • New Clear Books Pro sponsored community event for accountants launched www.tickandbash.com

Tim Fouracre, CEO, commented:

“The Company is encouraged that £181,955 has been raised from 135 shareholders in just 11 days as part of our Cloud Funding initiative. It was pleasing to see our crowdfunding platform work so efficiently with all new shareholders able to log in and download their share certificates. “

“It’s hugely satisfying to receive such great support from our customers as they join us as new shareholders. Debt free and with cash on hand now exceeding £300,000 we are already in a promising position to execute our marketing strategy to grow the customer base.”

Posted by Tim Fouracre

Tim founded Clear Books in 2008. Like many small business owners he worked from home for 15 months to get his startup off the ground. Today Tim enjoys helping Clear Books, its customers and its growing team innovate and achieve. Tim did his GCE O Levels in Ghana.

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