Ideagen plc reported unaudited interim results for the six months ended 31 October 2017. For the period, the company reported that revenue increased by 43% to £17.2 million as compared to £12.0 million for the same period last year. which included strong pro-forma organic revenue growth of 13%. This is calculated based on a comparison with pro-forma revenue for 2016 of £15.2 million which includes revenues for Covalent, IPI, PleaseTech and Logen as if those businesses had been owned by the Group for the whole of the comparative period. New sales bookings increased by 78% to £10.8 million as compared to £6.1 million for the same period last year. For SaaS based contracts, a booking includes 3 years of SaaS subscriptions and associated professional services revenues. For on-premise based contracts, a booking includes a perpetual licence, 1 year of maintenance and associated professional services revenues. Adjusted EBITDA increased by 52% to £4.7 million as compared to £3.1 million for the same period last year. The adjusted EBITDA margin improved to 27.5%. Profit from operating activities was £777,000 as compared to loss of £24,000 for the same period last year. Profit before taxation was £754,000 as compared to loss of £24,000 for the same period last year. Profit for the period was £846,000 as compared to £2,000 for the same period last year. Diluted earnings per share was 0.42 pence. Net cash generated by operating activities was £2,531,000 as compared to £2,856,000 for the same period last year. Payments for property, plant and equipment was £185,000 as compared to £90,000 for the same period last year. Payments for development costs was £1,104,000 as compared to £932,000 for the same period last year.