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Edison analyst appraisal - product and geographic expansion underway
Wednesday, 26 November 2014

Posted in

2014

Eckoh continues to report strong revenue and profit growth. Expansion into the US is on track, with contracts already won by the direct sales team and Eckoh’s reselling partner reporting a strong sales pipeline. Successful development of Eckoh’s OneProx solution could expand its available market from phone-based to e-commerce and point-of-sale applications. While the valuation looks full, successful execution of the growth strategy could drive upgrades and share price upside from this point.