Modest Growth 2nd Half 2009

Author: John Honovich, Published on Mar 12, 2010

Following monster growth in the last fiscal year, IndigoVision's revenue growth rate was positive but far more modest in the 2nd Half of 2009 of 12% year over year. 

By contrast, the 1st Half of 2009 witnessed a 70.6% revenue growth rate year over year. Given the overall industry growth rate and this half's rate for IndigoVision, the previous achievement may be an aberration. Also, revenue decreased from the first 6 months of 2009 to the second (15.7 GBP in H1 2009 to 12M GBP in H2 2009) (note: technically, their fiscal year starts Feb 1).

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