Croma Security Systems are a company that I have commented on before, they have progressed well in recent years and the increasing share price has reflected this. Croma released their full year results this morning where they have reported record figures. Turnover was up to nearly £16m with net profits of £358,000 giving an EPS figure of 2.4p. This puts the group on a p/e ratio of just over 20. The group boasts a solid balance sheet with NTAV of £2.3m which leaps to £9.1m if you include goodwill and intangibles. This is against a market cap. of £7.3m. The company is cash generative.

Overall, the tenor of the report reads positively. However, the outlook statement is cautious:-

"The Board views the coming year with optimism tinged with caution."

Croma have maintained a small dividend payment of 0.3p which equates to 0.6%.

All in all whilst Croma have made excellent progress in recent years, there isn't enough in today's report to tempt me in yet. I shall continue to monitor their progress and reconsider if there is sufficient price weakness.

Another company I have looked at before is Snoozebox. In essence, it is a company that supplies substantial temporary accommodation at events.  Snoozebox released a trading statement today.

When you cut through the waffle then the company is going to make a £5m EBITDA loss. I would anticipate that operating costs at the company will continue to be high for some time to come.

Yes, Snoozebox are expanding with increasing revenues, but with a market cap. of £20m and possibly with further fundraisings to come, it's not a company that would interest me.

A quick visit to Avesco. Their website has been updated again today, and it appears that they continue to win more recognition for their excellence and are increasingly being called upon to implement complex projections. This is a new client:-

http://www.ct-group.com/na/en/posts/ct-s-av-inflates-la-dance-party

A glance at facebook is also interesting. Are they gaining more traction in Asia? The last three posts are projects in Malaysia, Macau and Tokyo.

https://www.facebook.com/creativetechnologygroup

Update - Love the prompt dividend payment from AEO. Ex-dividend today with payment on the 27th of the same month (November). Other companies should take note. Also notice on twitter that they were working with Vodafone yesterday:-

https://twitter.com/cheerful21st