BrainJuicer Group, the international online market research agency, announced pleasing interim results with group revenue growing 49% over H1 2009 to £7.2 million and PBT of £506,000 (H1 2009: £243,000). An interim dividend of 0.6p per share is planned and the company finished the period with £1.64 million cash after buying back 5% of its outstanding shares during the period.

There was continued strong growth in US operations with revenue up 129% to £1.9 million, and a return to growth in the UK where revenues fell slightly in the first half of last year. Revenues from the proprietary "Juicy" products increased to £3.8 million, and now account for 52% of total revenue (vs. 50% for H1 2009).

BrainJuicer continues to invest in new products, and its DigiViduals (web robots that function like virtual focus groups) and SatisTraction (real-time customer satisfaction product) are being trialled with some of its large clients like HSBC and Philips.

The company's profitability has historically been heavily skewed towards H2, and this trend is set to continue. However, overall profits for the year are unlikely to increase as much as H1 and the company is on track to meet the current analysts' EBIT forecast of c. £1.8 million for FY 2010.

BJU shares have appreciated by 24% over the last year.

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