Software firm sees profits surge

SPECIALIST software company Fineos boosted its pre-tax profits by nearly €2 million last year and saw revenues almost double, despite challenging marketing conditions.

According to accounts filed with the Companies Office which covered the 12 months to the end of June last, pre-tax profits at the Dublin-headquartered firm went from just over €3.1m to €4.8m.

The company’s full year turnover went from €17.4m to €32.5m.