KTS Grows Revenues, Losses

Knowledge Technology Solutions, an AIM-listed provider of Web-based market data software, last week posted financial results for the year to June 30, showing 379 percent growth in revenues to £770,185 from £160,708 the previous year. But over the same period, the vendor's overall costs doubled from £875,980 to £1,749,617, contributing to an increase in the company's pre-tax loss from £705,651 to £940,161. On a more positive note, the vendor points to cash reserves o