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Published on: March 27, 2018

Foundations now in place

K3 has delivered its 2017 results (17 months to November) which are in line with management expectations. These results reflect a period of material change within the group, as it adjusts to previously-described market pressures, and looks to build a sustainable and balanced platform for own-IP software sales growth. We believe the heavy lifting has now largely been done, and the foundations are now in place for the next phase of delivery. We make no material changes to our 2018 forecasts (other than to increase expected revenues) and we introduce 2019 forecasts anticipating continued growth.

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