NetDimensions drives LTG revenue growth and to debt free position

In their announcement before going into their stock market closed period, LTG have said they expect full year results to show revenue has grown from £28.3m to £51.8m.

2020 Vision at Learning Technologies Group

It's been a busy few weeks for elearning services provider Learning Technologies Group, what with interim results in mid-September and new set of strategic objectives this week.

Back in 2013, when Indeed Online morphed from being a shell company to an eLearning services company called Learning Technologies Group with the £16.3m purchase of Epic, the Board of LTG targeted a strategy to grow annual revenues to £50mln.  With the interim results announced in September, the Board have met their target a year ahead of schedule.

Positive half year trading update from Learning Technologies Group

Prior to announcing interim results on 18th September, LTG have today issued a trading update for the half year period up to the end of June.

Announcing an expectation that revenues will not be less than £20.8 million for the first half of the trading year (an increase of 62.5%), the LTG Board highlighted their confidence in achiving their strategic ambition of building an international business with annualised revenues in excess of £50 million.