ThirdForce revenues up 114%
Dublin based e-learning coursewear and testing comany ThirdForce has announced revenues of €5.862m for the first half of 2004, up 114% from the same period last year.
There was also a significant rise in operating profit before goodwill and non-recurring items to €623,00.
Brendan O’Sullivan, chief executive officer of ThirdForce plc, said: "I am delighted to present a set of results which clearly endorse our position as a global leader in the fast growing e-learning market.
"We believe that the key to our success is the development of distinctive content that combines engaging multimedia with proven instructional design.
"A key growth driver going forward will be the continuing formation of strategic partnerships that leverage this advanced content and delivers expansion opportunities. With this impetus, our mission is to build a global e-learning company and the board anticipates continued growth in the business for the second half of 2004 and beyond."
