Command Technology Group Plc
LSE : CDTP

March 31, 2009 11:06 ET

Interim Results

                                                                                               31/03/09

                                     COMMAND TECHNOLOGY GROUP PLC
                                ("Command Technology" or "the Company")
                                                   
                                            INTERIM RESULTS
                                                   
Despite very difficult market conditions, the first half of 2008 demonstrated a period of further
progress. We maintained a steady revenue stream while also focusing on the development of new products
and services. During the period the company has signed two significant contracts, one with British Gas
Help the Aged Fuel Poverty campaign and the other with Betfair TV.

Financials

We have achieved a significant increase of turnover in the first half of the year, of  £132,613 (2008:
£71,000) with a loss of £32,226 (2008: £30,000 loss) post-tax. The board are cautiously optimistic
that, despite the current recession, our increased commercial focus will result in significant further
sales of the company's products and service over the remainder of the financial year.

Outlook

The Board also continues to search for opportunities to realise shareholders value by
Complementing the Company's organic growth and we believe that tougher markets may produce good
opportunities for the Company.

In summary, the first half of 2008 has seen steady progress for the Company and has created a strong
platform for the Company to continue steadily for the year as a whole. I look forward to updating
shareholders on progress at the end of the financial year.

Jennifer Allsop, CEO
31st March 2009

PROFIT AND LOSS ACCOUNT
FOR THE SIX MONTHS ENDED 31 DECEMBER 2008

                                                     6 months to
                                                  31st December 2008
                                                   £             £
                                                                        
                                                                        
TURNOVER                                                         132,613
                                                                        
Cost of Sales:                                                    88,109
                                                                --------
                                                                        
GROSS PROFIT                                                      44,504
                                                                        
OTHER INCOME                                                            
Interest received                                                  338
                                                               ---------
                                                                  44,842

DISTRIBUTION AND SELLING COSTS                     64,020               
                                                 --------               
                                                                        
                                                                        
ADMINISTRATIVE EXPENSES                            38,796               
                                                 --------               
                                                                        
                                                                        
TOTAL OVERHEADS                                                  102,816
                                                               ---------
PROFIT/-LOSS BEFORE TAXATION                                     -57,974
                                                                        
TAX CHARGEABLE                                                    25,748
                                                               ---------
PROFIT/-LOSS AFTER TAXATION                                      -32,226
                                                               ---------
Dividends                                                              0
                                                               ---------
RETAINED -LOSS/PROFIT FOR THE PERIOD                             -32,226
                                                               ---------

Notes:

    1.  The accounting information for the 6 months ended 31 December 2008 has not been reviewed by
        the Company's auditors.
  
    2.  The financial information set out in this announcement does not constitute statutory accounts
        within the meaning of section 240 of the Companies Act 1985.

The Directors of the issuer accept responsibility for this announcement.

                                                 ---ENDS---

Enquiries:

Command Technology Group Plc
Jennifer Allsop CEO
Jennifer@commandtechnologygroup.com               Tel: +44 (0)20 8789 1000

Rivington Street Corporate Finance                Tel: +44 (0)20 7562 3389
Monisha Varadan                  Leo Godsall
Monisha@rs-cf.com                Leo@rs-cf.com





Contact Information

  • Command Technology Group Plc