AdEPT has told its investors that its business is continuing its transition from telephony towards a managed service-driven outfit.
The firm shared first-half numbers for the six months ended 30 September, with revenues remaining essentially flat due mostly to global supply chain issues. Adjusted profit after tax was also similar to the level reported at the end of FY22, at £3 million.
There was a three pe cent growth in cloud-centric strategic services, and revenues from £0.5 million to £15.1 million. means that 89 percent of group revenues are now coming from those sales, which replaced more of the legacy telephony business.
