Instem plc provided revenue guidance for the year ended December 31, 2015. For the year, revenue is expected to be approximately £15.8 million, of which recurring revenue will be at least £9.6 million. Both new and existing clients contributed well during the year while also generating a strong backlog of orders and increasing recurring revenues.

Net cash as of 31 December 2015 is also expected to be ahead of market estimates at £2.1 million due to a combination of the growth in activity and efficient working capital management.