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|Semafone announces record growth|
|Tuesday, 26 May 2015|
Semafone® has announced a record trading year, achieving a 38% increase in revenues to £5.3m and doubling its overseas business to £2.5m.
Semafone, which provides secure payment technology for call centres, reached profitability for the first time with a £68,000 net profit in spite of significant investment in its new hosted solutions and one off legal costs for defending its intellectual property. Alongside its UK patent, the company was successful in its application for the same protection in the US and will be looking to extend this to new markets and technologies. Semafone now has clients in Belgium, Germany, Italy, Spain, France, Denmark, USA, Canada, Mexico, Australia, Hong Kong, Singapore and South Africa as well as in the UK.
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