Zamano eyeing up acquisitions following strong year

Dublin-based mobile technology firm, Zamano has said it is looking for acquisition opportunities less than a year after almost being bought out itself.

The company — which provides messaging, advertising and payments support tools to mobile communications providers — yesterday reported strong growth for 2015, with revenues up 22.3% to €24.3m, pre-tax profits ahead by 13% to €2.4m and net cash up from €4.6m to €6.3m.

Post-tax profits were up by 13% to €2.1m, with EBITDA of €3m representing growth of 9.5%.