Published on: March 29, 2016
Moving towards profitability
Although Monitise’s recent history has been somewhat turbulent, we believe the outlook is increasingly bright. The new management team (CEO, COO) has re-focussed the business on six key product lines and re-energised the organisation, having made significant reductions to the ongoing cost base and capital expenditure requirements. In this note we provide detail on some of the key measures undertaken to improve business performance.