Starcom PLC

Starcom reports first half underlying profit and has high hopes for new Lokies product

Starcom PLC (LON:STAR) chairman Michael Rosenberg talks Proactive London's Andrew Scott through the firm's interims to June 2019.

Revenues for the period remained in line with the same period in 2018 at US$3.1mln however significantly it posted an underlying profit of US$75,000 compared with a loss of US$40,000 a year earlier.

Rosenberg adds that initial orders for their new Lokies smart padlock are encouraging and they have high expectations for it.

Quick facts: Starcom PLC

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Market: AIM
Market Cap: £4.32 m


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