In-Touch Survey Systems exceeds 2015 expectations

Ottawa-based In-Touch Survey Systems saw its 2015 revenues jump more than 20 per cent to exceed $10 million, the company said late Wednesday.

“We are very pleased to announce that we have exceeded our targets for growth in 2015 as well as the tremendous growth forecast in 2016,” In-Touch president and CEO Cameron Watt said in a statement.

That optimism is leading the firm to project a revenue jump of 40 per cent for 2016, which it said is based on current customer orders and the strength of its business plan. In-Touch said it is expecting strong performances both from its legacy products and its new software licensing and recurring revenue models.

“We are also looking for additional levers to pull around both organic and acquisition activity which would allow us to improve on the 40 per cent growth forecast,” Mr. Watt said in a statement.