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Minds + Machines on track for maiden year of profitability

Toby Hall, chief executive of Minds + Machines Group Limited (LON:MMX), dropped into the Proactive studio to chat through the top level internet domain specialist's interim figures.

Hall says they're on course to deliver their maiden year of profitability as an operating business.

The first half of the year saw renewal billings nearly triple to US$3.1mln and renewal revenue more than double to the point where it accounted for 45% of revenue, compared to just 15% in the first half of 2016.

 

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