The UK Real Time Location systems business said H1 revenues were up from £8m to £11.3m year-on-year.
Operating profit for the six months to end-June held steady but the loss was halved to £0.1m. The company had net cash of £8.1m.
The company picked up several new and major orders in the period and also established a French subsidiary.
Chief executive Richard Green, just back from his honeymoon on Skye, is confident the market’s love affair with Ubisense will continue.
Looking at a growing order book, he predicted the momentum would be continued into the second half.
He said: “We have delivered a robust set of results, our first, as a listed company, with a strong increase in revenues, a substantial order book and growing opportunity pipeline.
“Admission to AIM marked an important landmark in the Group’s development. It has provided us with a strong platform to support the rapid growth of our business and to leverage existing customer relationships with global leaders such as Aston Martin, Atlas Copco, BMW, Deutsche Telekom and EADS.
“With good momentum in the business and a growing order book, we remain confident that this robust performance will continue in the second half of 2011.”
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