Originally published for InsiderMedia.com
Belfast-based technology company TotalMobile has hailed a “stand-out year” as revenues at the business edged closer to the £10m mark.
Chief executive Colin Reid also told Insider that the company is on course to grow further this year, with possible job creation and a US expansion on the horizon.
TotalMobile, which was formed as Consilium in 1985, specialises in mobile healthcare technology that allows nurses and other healthcare staff to access patient’s information via tablet computers.
In accounts filed for the year to 31 December 2013, the group posted revenues of £9.8m, a 21 per cent increase on 2012’s turnover of £8.1m.
Pre-tax profits also climbed past the £1m milestone, reaching £1.2m during the period, a significant increase on £197,297 posted a year earlier.
Reid said: “We’re looking to grow revenues by another 30 to 40 per cent this year and we’re on course to do – we’ve grown by 30 per cent in our first quarter. I’m confident that we’ll meet targets.”
The group said its financial position at the end of last year had placed it to “deliver significant growth and success in 2014 and for many years to come”.
The results also follow a recruitment drive at the company, which revealed plans to create 20 jobs in Northern Ireland last month to help consolidate its presence in Great Britain, with Reid revealing that the workforce will “definitely” be expanded further if the company meets its targets.
During 2013, the company also secured a number of new clients, including a number of councils and housing associations in England. Its technology was also rolled out in Surrey by Virgin Care in April this year.
Reid said that new business has led the company to focus on international clients, which he said would be secured through strategic partnerships. TotalMobile has clinched its first customer in the Netherlands and will also focus on a US expansion in the future.
“I think there’s a great need for what we do in the healthcare sector, to cut out admin and free up the front-line nursing and care staff,” he said.