Revenue Declines Examined

Author: John Honovich, Published on Mar 18, 2010

Dedicated Micros revenue decline has deepened over the last 2 years, demonstrating the company's ongoing struggles. For the year ending June 30, 2009, security monitoring service and equipment revenue declined 17.4% from 71.7 Million GBP to 59.2 Million GBP (at current exchange rates, that is approximately $110 Million USD to $90 Million USD). The declines were broad based as well with 20% decline in the UK, 23% in continental Europe and 13.5% in the rest of the world. 

Records were obtained from the UK's Companies House statements.

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