GreyList Trace Limited ended its first full year of trading on 31 October, 2020. Despite the initial challenges posed by Covid-19 during the Spring and serious disruption caused to the internet during the Autumn our turnover moved ahead and we were profitable in the second half of the year.
We continue to gain acceptance from major law firms, global investigation firms and Government organisations. 2020/21 has started strongly and since 1 November, 2020 we have recorded more sales revenue than in the first six months of 2019/20.
We are maintaining high visibility in virtual conferences and webinars. By the end of January we will have the results of a market feasibility study that we expect will signal a green light for the full scale development of GreyList Red as a global KYC product.