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UK: Torotrak secures operating profit in 2009/10

Torotrak has reported a small but symbolic operating profit in its financial year ended 31 March 2010, driven by a 65.6% gain in revenue resulting from significantly higher income from licence agreements. Revenue for the 2009/10 financial year amounted to £7.644m (US$11.0m), versus £4.617m in 2008/09, with £6.027m of the 2009/10 It’s time to log … Continued

Torotrak has reported a small but symbolic operating profit in its financial year ended 31 March 2010, driven by a 65.6% gain in revenue resulting from significantly higher income from licence agreements.

Revenue for the 2009/10 financial year amounted to £7.644m (US$11.0m), versus £4.617m in 2008/09, with £6.027m of the 2009/10

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