Computer and technology provider to schools RM (RM) has returned to the black after a major restructuring wiped out reported profits last year, but uncertainty remains as the end of major contracts loom on the horizon. RM has built up a £37.8m cash pile to manage the decline, but analysts are still forecasting that revenue will fall by more than a fifth within two years.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis