Norkom targets US in growth strategy

NORKOM Technologies has earmarked the US as its potential key region for future growth in the aftermath of seeing its pre-tax profits rise by over €2.5m and revenue jump by 3% in its last financial year.

The company provides international financial services firms with software to combat fraud and money laundering activities.

The Dublin-headquartered IT company has reported pre-tax profits of €7.45m for the 12 months to the end of March. This figure was up from the €4.8m generated in the previous year.