IQGeo Group plc provided financial guidance for the first half ended 30 June 2020. The Company expected to show first half year-on-year growth in IQGeo product orders of more than 100% and totalling £5.4 million (2019H1: £2.5 million). Revenue for the first half is expected to exceed £4 million (2019H1: £3.6 million) reflecting an improved mix of IQGeo product revenue in excess of £3 million (2019H1: £2.4 million) and a relative stabilisation of non-core Geospatial revenue. The improved revenue mix in favour of software, together with certain cost management steps, has had a beneficial effect on gross margins which company expect to exceed 45% (2019: 34%).