Having just about reached breakeven in the second quarter of the last period ARC's growing level of adoption will soon lead to breakthrough profit. With Development complete and their support centre running at very low utilisation levels the bulk of revenue increases will rapidly fall to the bottom line.
Security risk group ARC Risk Managements have two key products which are Red24 and Red24Alert. Red24 allows clients to gain information from security experts via the internet or over the telephone to plan for security risks when travelling, with the Red24Alert product providing an insured response wherever that person is in the world.
ARC has signed deals with HSBC and Hiscox. This is expected to raise significantly the revenues derived from the Red24 product and should provide sufficient momentum for the red24 division to reach breakeven within a few months.
