A near quadrupling of revenues from its South African operation to £1.2m pushed 2010 headline growth at AIM-listed operations management software player, eg solutions, to £5.1m, up 24%. This includes a small contribution from Bristol-based business performance management software firm, Xtaq, which eg acquired last March (see eg gets real-time with Xtaq).
Profits also took a great leap forward, with operating margins now at 6.9% (2009: 2.4%). This filtered down the P&L to result in a five-fold increase in EPS to 3.1p.
Nice business, nice execution, and also one of the top performing UK software and IT services stocks last year.