Tech

Revenues rise at tech unicorn Intercom

Losses also narrow at company which announced additional redundancies last week

Eoghan McCabe, Des Traynor, David Barrett and CiarĂ¡n Lee, founders, Intercom: the company announced a further round of redundancies last week, with 124 people laid off across the company

Intercom, the Irish tech unicorn, recorded a big rise in revenues for the 12 months ending January 31st last year as losses narrowed, newly filed accounts show.

The software company, which last week announced a second round of redundancies, recorded revenues of $149.1 million for the financial year ending January 31, 2021. This marks an 18 per cent rise in sales versus the $125.6 million reported a year earlier.

Accounts just filed at the Companies ...