The latest results for the half-year to 31 August 2003 show pre-tax losses of 365,000, a fall of 65% on the same period last year.
The company reported pre-tax losses of just over 2.5m for the year to the end of February 2003.
Managing director Mark OConnor said this year had been about one of turnaround for the business, and getting the companys strategy firmly in place.
Although turnover for the half-year was down by 12% to just over 4m, OConnor said it was still on track to match last years 8.5m turnover for the full year.
Some 60% of the companys revenue is now generated through its DocuMarketing online marketing and print management system, with more new clients set to sign up to the initiative in the near future.
Documedia also sold its freehold interest in its Cheltenham property for 765,000 during the period.
The company still retains a lease on the premises to continue its operations there.
Some 165,000 from the sale of the freehold is deferred for 21 months.
The second six-month period had started encouragingly, it claimed, and the improvements in the companys performance are expected to continue.
Have your say in the Printweek Poll
Related stories
Latest comments
"Royal British Legion Industries employs veterans and disabled people in their factories in Aylesford and Leatherhead."
"Sad news. Such a lovely, down to earth bloke. Ahead of his time and always at the forefront of innovation. RIP Tom."
"He was a wonderful, and forthright man. Didn't know him well but enjoyed the time I spent with him. Truely a titan of print and a pioneer of pre-press. A great man who lived a great life. RIP."
Up next...
Deeply rooted in Cumbrian heritage
MBO team takes helm at Reeds
Latvian founded tech companies combine
Printful and Printify to merge
Rollout begins with own-brand products
JD Williams owner adopts dissolvable garment bags
Preferred supplier