Staff numbers in 2014?
45? Are you sure?
Security software outfit Sophos is to imminently float on the London Stock Exchange, a move it estimates will raise $100m (£65m), the company announced today. The Oxford-based biz is thought to be targeting a valuation of £1bn, according to The Sunday Times (subscription required). Richard Holway, analyst at TechMarketView …
"For the year-ended 31 March 2015, Sophos said billings rose by 28 per cent to $476.0 (£309m).
Turnover rose 10 per cent to £128m for 2014, up from £114m in 2013 — according to its Companies House filing. Staff numbers in 2014 were 45.
Operating profit fell from £13m to £10m, mainly due to the acquisition of Acquired Cyberoam Technologies in February 2014."
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