Companies
Revenues hit €35m at Cork’s Teamwork despite weaker environment
The Cork-based software-as-a-service company’s revenues rose 17 per cent last year to $38.7m, newly filed accounts show
Revenues at Teamwork, the Cork-based software company, rose 17 per cent to $38.7 million (€35.5 million) last year as pre-tax losses widened.
Founded in 2007 by Peter Coppinger and Daniel Mackey, Teamwork is a software-as-a-services (SaaS) company whose clients include Disney, Netflix, Paypal, HP, Panasonic and Spotify.
Newly filed accounts for the firm show losses before taxation increased to $11 million last year versus $8.25 million in 2021.
The loss was largely due to an increase ...
