Cambridge-based Amino Technologies saw revenues dip in the first half, but says it is on track for the year as a whole.

Amino, which works in IPTV, Internet TV and in-home multimedia distribution, recorded first half revenues of £16.4 million, down from the £20.1 million.

Although gross profit also fell to £7.4 million, operating profit was up to £1.8 million.

“The Board remains confident that results for the full year will be in line with current market expectations. Following a period of product refinement and investment we are on track to return to top line revenue growth in addition to continued profit and cash generation in the periods ahead,” said non-executive chairman Keith Todd.

Amino continues to progress in Eastern Europe and Latin America and in April appointed former AirTies man Karl Tempest-Mitchell as its VP of Global Sales.