Datum International Ltd
LSE : DATP

July 23, 2009 10:46 ET

Final Results

23 July 2009

                                            DATUM INTERNATIONAL LIMITED
                                                (PLUS-quoted (DATP))


                         AUDITED FINAL RESULTS FOR THE 16 MONTH PERIOD ENDED 30th APRIL 2009

The  Board  of  Datum International Limited ("Datum" or "the Company") today announces the Company's  audited  Final
Results for the 16 Month period ended 30th April 2009.

KEY POINTS

    *       Turnover decreased to GBP511,779 (2007 - GBP818,214).
    
    *       Post tax loss of GBP578,973 (2007 - GBP169,184).

    *       New Issue of Shares in April 09 raised over GBP336,000.

    *       New CEO and new sales team recruited.

    *       Greatly improved start to new financial year.


Commenting on today's announcement, Jonathan Wearing, Chairman of Datum International Limited said:


The  16  months to 30th April 2009 were marked by a series of new product announcements; however there was a failure
to capitalise on these in terms of additional sales revenues.  This, combined with a challenging market environment,
resulted in a fall in revenues from £818,214 to £511,784 and increase in pre tax losses, totalling £578,973.



To  address the situation, the Company completed a fund raising that contributed £336,000 in April of this year  and
welcomed  David Hornsby to the Board of Directors in June as Chief Executive Officer.  David comes to Datum  with  a
distinguished  record  of  building revenues and profits at several software companies.   Most  recently,  as  Chief
Operating  Officer  of Infonic plc he was responsible for growing the business from revenues of  £1.0  million  with
substantial losses to £8.8 million and £2 million EBITDA over a period of three years.



David has immediately re-focused Datum's sales strategy and recruited new sales executives, who come with impressive
experience  of  success in the sector.  The early fruits of this approach are beginning to show and Datum  has  been
profitable and cashflow positive for the first two months of its new financial year.



The  Company's  fundamental  strength and opportunity lie in the exploitation of its intellectual  property  through
direct  sales  and  the creation of sales partnerships with established players in key vertical  markets.   Its  new
strategy  embraces  these  elements  and  builds on the capability of the KnowledgeWorker®  software.   Having  made
reasonable enquiry, the Directors believe that Datum is the only European ECM software company offering a true  SaaS
(Software as a Service) platform, i.e.  multi-tenancy client access within the "cloud".



A   new  release, version 3.2,  of KnowledgeWorker® is planned for later this year, extending the capability of  the
existing  product.   Together, these and other product initiatives are expected to contribute  to  an  significantly
improved financial outcome for 2009/10.










ENQUIRIES:


DATUM INTERNATIONAL LIMITED                   TEL: 01438 347110
David Hornsby, Chief Executive

FINNCAP                                       TEL: 020 7600 1658
Marc Young
Ed Frisby

www.datumplc.com


                                                          
                                                          
                                                          
                                                          
The Directors of the Issuer accept responsibility for this announcement.
                                                          
                                                          
About Datum International

Datum   International  is  the  author  of  the  Enterprise  Content  Management  (ECM)  solution  KnowledgeWorker®.
KnowledgeWorker® is sold and supported internationally through a growing network of Distributors, OEM's and Reseller
partners.  KnowledgeWorker®  creates  competitive  advantage by  enabling  Employees,  Customers  and  Suppliers  to
Collaborate  on Information and to participate in managed and audited Business Processes. KnowledgeWorker®  empowers
organisations  to make sense of un-structured data and to deploy the information directly into their "front  office"
and  "back  office"  processes. The system comprises of a fully integrated suite of modules for Document  Management
(DMS), Scanning, Business Process Management (BPM), Collaboration, Enterprise Search and "on-the-fly" Publishing  to
Web Sites, Intranets and Portals.
                                                          
                                                          
                                                          
                                                          
                                                          
                                                          


DATUM INTERNATIONAL LIMITED

PROFIT AND LOSS ACCOUNT
for the 16 Month Period Ended 30 April 2009

                                                        16 months to          12 months to
                                                                                                                                                                                 30.04.09              31.12.07
                                                          
                                                              £                     £
                                                          
TURNOVER                                                   511,779
                                                                                 818,214

Cost of Sales                                              757,171
                                                                                 766,501

GROSS (LOSS)/PROFIT                                       (245,392)               51,713

Administrative Expenses                                    308,362               207,890

OPERATING LOSS                                            (553,754)             (156,096)

Interest receivable and similar income                           5                    81


                                                                                                                                                                                 (553,749)             (156,015)

Interest payable and similar charges                        25,224                13,169

LOSS ON ORDINARY ACTIVITIES
BEFORE TAXATION                                           (578,973)             (169,184)

Tax on loss on ordinary activities                               -                     -

LOSS FOR THE FINANCIAL PERIOD
AFTER TAXATION                                            (578,973)             (169,184)

                                                           =======               =======


Earnings per share expressed
in pence per share:
Basic
                                                             -3.40                 -1.13
Diluted
                                                             -3.40                 -1.13

                                                              ====                  ====


CONTINUING OPERATIONS
None of the company's activities were acquired or discontinued during the current period or previous year.

TOTAL RECOGNISED GAINS AND LOSSES
The company has no recognised gains or losses other than the losses for the current period or previous year.














                                                          
                                                          

DATUM INTERNATIONAL LIMITED

BALANCE SHEET
30 April  2009

                                                               16 months to              12 months to

                                                                 30.04.09                   31.12.07
                                                                 
                                                              £           £             £           £
FIXED ASSETS
Intangible assets
                                                                          -                         -
Tangible assets
                                                                     23,429                    33,077


                                                                     23,429                    33,077

CURRENT ASSETS
Debtors                                                  77,135
                                                                                  342,968
Cash at bank                                              6,226
                                                                                    6,846

                                                         83,361
                                                                                  349,814
CREDITORS
Amounts falling due within one year                     498,994
                                                                                  497,230

NET CURRENT LIABILITIES                                           (395,633)
                                                                                            (147,416)

TOTAL ASSETS LESS CURRENT
LIABILITIES
                                                                  (372,204)                 (114,409)

CREDITORS
Amounts  falling  due  after  more  than  one
year
                                                                   105,600                   132,552

NET LIABILITIES
                                                                  (477,804)                 (246,961)

                                                                  ========                  ========

CAPITAL AND RESERVES
Called up share capital
                                                                   301,456                   160,631
Share premium
                                                                 2,152,659                 1,945,354
Profit and loss account
                                                                (2,931,919)               (2,352,946)

SHAREHOLDERS' FUNDS                                               (477,804)                 (246,961)

                                                                 =========                 =========


The  report  and  accounts  for  the  period will be posted to shareholders  shortly  and  will  be  available  from
www.datumplc.com. The information contained within this announcement has been extracted from audited information.

















Contact Information

  • Datum International Ltd