Platinum Software, which is due to announce its mid-year figures on 16 January, believes it is now just one quarter away from profitability.
The finance software supplier, which has had its fair share of financial troubles over the past 18 months, is even bullish about its prospects, hoping to grow from a $70 million revenue business to $250 million within three years via organic growth and acquisition.
Areas of interest for potential purchases include helpdesk automation software, where the company currently relies on OEM deals with third parties. Platinum is also looking at broadening out into the manufacturing applications space.
Mark Duffel, Platinum?s managing director, said: ?Our revenues are growing steadily and we?ve now got our costs in hand. One of the problems was that we went into the Windows NT space too early, but that market?s growing dramatically now.?
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