Sharp rise in gross profits for OpenJaw

OpenJaw Technologies, the Dublin software firm that announced 45 new jobs last week, has seen its gross profitability grow by 68 per cent in its most recent financial year. The company reported gr

22nd January, 2012

OpenJaw Technologies, the Dublin software firm that announced 45 new jobs last week, has seen its gross profitability grow by 68 per cent in its most recent financial year.

The company reported gross profits of €4.6 million in the year ending December 31, 2010, an increase from €2.7 million in 2009. The firm, which files abridged accounts that do not disclose turnover figures, moved into profitability as a result.

OpenJaw booked a net profit of €1 million in 2010, which...

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