Earthport Plc

Earthport Plc is quoted on the London Aim Stock Exchange (EPO) and has been since January 2001, under the sector Software and Computer services and sub sector Internet. Earthport in an International electronic payments and collections provider moving money to and from different locations around the world. International payments are delivered by the clearing systems SWIFT, ACH and BACS. 
Earthport also provides its partners with prepaid cards, ewallets, payroll processing, send money home, foreign exchange. Including Nuskin, Speedywallet and safepay solutions.
Earthports current markets include Gaming, Retail and multi level marketing, travel, e commerce, send money home and foreign exchange.


Earthport Share price

Earthport Company Announcements

 26th March 2008
Announce that it is collaborating with Adobe Systems, (ADBE.US) to develop and market a secure trade financing solution as a product for the Financial Services Community
17th January 2008
In a trading update Company achieved unaudited revenue of £1.1m, an increase of 173% compared with £403,000 for the same period last year and an increase of 57% compared with £700,000 for the 2nd Half of the fiscal year ending 30 June 2007. Transactions have increased month on month during the Period.

26th November 2007
Announced results for the year ended 30 June, Revenue increased by 62.9% to £1.1 million (2006 £0.7m),  Operating loss fell by 16% to £4.0 million (2006 £4.8m), Loss per share fell 17.4% to 10.98p (2006 13.3p), Highlights included an increase in annual transaction volumes of 81%. Net debt was reduced by 32.4% to £1.7 million (2006 £2.1m)
26th November 2007
Announced results for the year ended 30 June, Revenue increased by 62.9% to £1.1 million (2006 £0.7m),  Operating loss fell by 16% to £4.0 million (2006 £4.8m), Loss per share fell 17.4% to 10.98p (2006 13.3p), Highlights included an increase in annual transaction volumes of 81%. Net debt was reduced by 32.4% to £1.7 million (2006 £2.1m)
27th September 2007
Earthport is pleased to announce that it has raised a further £1m for the Company through the issue of 3,225,806 new Ordinary Shares of 10p each in the Company at 31p per Ordinary Share. 22nd August 2007
Earthport announced it had entered into a business partnership with IBM has commenced the joint promotion of Earthport's innovative banking payment and collections service

11th June 2007
Earthport today announced it had signed a new merchant argreement with BuyFX the foreign exchange provider.  Earthport will receive an upfront licence fee and monthly transaction fees.

20th July 2007
In a trading update announced  the 4th Quarter of the fiscal year ending 30 June 2007, unadited revenue of £420,000 increased by 283% compared to £148,000 for the same period last year and increased by 50% compared with the 3rd Quarter's £280,000