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RM cuts loose Easytrace, flogs AMI biz as top boss legs it

Education technology provider RM has cut loose its loss-making access control and cashless catering system wing of its AMI business, known as Easytrace. The company confirmed the disposal in a trading statement to the City this morning. However, it will retain the school network management part of the AMI business - dubbed …
Team Register, 20 Jan 2012
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RM investors spared a second heart attack in latest numbers

Beleaguered education IT supplier RM had no surprises in its fiscal Q1 trading update, bearing in mind that its sales tend to stroll in during the second half of the year. The firm has carved up non-core parts of the operation and flogged or closed them, launched a redundancy programme and got rid of two chief execs since a …
Paul Kunert, 26 Mar 2012

Schools IT biz RM back in black after caning from UK gov

RM is back in the black following the recent cost-cutting activity that saw it offload multiple business units and axe 17 per cent of its workforce. The education IT supplier made profit before tax of £600,000 in the six months to 31 March compared to a loss of £1.4m in the same first half year period a year earlier. Turnover …
Paul Kunert, 09 Jul 2012