ULS Technology plc announced earnings guidance for the six months to September 30, 2017. For the period, the company reported revenue for the period is expected to be approximately 56% up on last year at £15.28 million as compared to £9.78 million a year ago, with underlying profit before tax up approximately 42% to £2.74 million as compared to £1.95 million a year ago. These increases are partly due to the acquisition of Conveyancing Alliance Holdings Limited ("CAL") in December 2016 but also due to organic growth in the remainder of the Group. This growth was achieved against the backdrop of a housing market where overall transaction numbers continue to remain markedly below long-term averages. Cash generation continues to be strong and net debt has been reduced.