Users spike drives revenue surge at CloudCall

The number of users of computer telephony integration company CloudCall, which has its UK headquarters in Leicester, has jumped 34 per cent during the first half of its financial year, helping the business to record a revenue hike.

The listed company has posted a surge in revenue to £4.1m for the period to 30 June 2018, 31 per cent up from the same period in 2017.

A total of 27,000 people used the company’s products and services during the six months.

The business added that it expects a strong finish to 2018 and start to 2019.

Chief executive Simon Cleaver said: “The first half of this year has played out largely as we expected it to.

“Solid and consistent growth in our sales numbers has continued, whilst we put the foundations in place that we expect to underpin further growth by making excellent progress with ongoing investments in our new integrated unified communications service and the expansion of our sales teams with high calibre, sector experienced staff.

“In the last few weeks we’ve begun receiving orders for the new UCS for Bullhorn products from our new sales people, which leads me to believe we’ll see a strong finish to 2018.

“The nature of any recurring revenue business means this current activity will only have limited effect on current year revenues, but it should provide an excellent springboard for 2019.”

The company has about 140 staff based in Leicester, London, Boston in the US and Minsk in Belarus.