alphyra H1 revenues down 8 percent

Irish tech company, Alphyra has reported earnings for H1 ended 30th June. The company reported an 8 percent drop in its H1 revenue from H2, 2002.

Revenues dropped from €25.8m to €23.8m. However, EBITDA rose by 50 percent from the previous period, from €2m to €3m. Operating loss before goodwill was €0.72m. However, the group has remained upbeat about future prospects.