Acuity RM revenue climbs as it eyes profit progress in 2025
7th Feb 2025 17:21
(Alliance News) - Acuity RM Group PLC on Tuesday said revenue climbed in 2024 due to organic growth from existing customers. Read More
(Alliance News) - Acuity RM Group PLC on Tuesday said revenue climbed in 2024 due to organic growth from existing customers. Read More
Acuity RM Group PLC - London-based risk management company - provides services via its Stream software platform - says Non-Executive Director David Rajakovich appointed as chief executive effective immediately. Rajakovich is taking over the role from Kerry Chambers who has been CEO since July 2023. Chambers is leaving the board with immediate effect. Executive Chair Angus Forrest says: "We are delighted that David has agreed to step up from his non-executive role to become chief executive, we believe David is the right appointment to lead the company and drive the business to the next stage and accelerate the growth." Read More
Acuity RM Group PLC - London-based cybersecurity software - Wins orders worth GBP1.0 million in the first half of 2024, up 50% from GBP677,000 a year prior. This was helped by a strong second quarter, during which orders surge by 81% to GBP693,000 from GBP383,000, as several opportunities had been postponed to the second quarter. Executive Chair Angus Forrest says: "We expect to be able to announce an accelerating rate of order wins and developments in all areas of the business over the next 12 months. In particular we are redeveloping our core product, Stream, so it incorporates the latest technologies, remains at the forefront of risk management software platforms available in the [governance, risk and compliance] market and has a suite of improvements built in to maintain its competitive edge." Read More
Acuity RM Group PLC - London-based cybersecurity software company - Raises around GBP1 million via placing and subscription at 3.5 pence per share. Proceeds will be used to fund investment and expansion of the sales team, and increase marketing activities and new product development. Directors Angus Forrest and Kerry Chambers subscribe for just under 1.3 million shares at the issue price. In addition, Ridgecrest PLC subscribes for 11.4 million shares in the subscription, taking shareholding to 7.6%. Read More
(Alliance News) - Acuity RM Group PLC reported Thursday a widened yearly loss on a rise in costs. Read More
(Alliance News) - Acuity RM Group PLC on Monday said that its subsidiary, Acuity Risk Management Ltd, has signed a professional services agreement with Sopra Steria Group SA. Read More
Acuity RM Group PLC - London-based risk management company, which provides services via its Stream software platform - Acuity Risk Management arm wins three-year deal worth over GBP500,000. All of that sum is payable in current financial year. "This contract comprises a renewal as well as upsell of Acuity's STREAM software platform for [governance, risk and compliance] together with associated services to a major organisation within the British government. This is the third order of similar size received from this organisation in the past 12 months," it adds. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Acuity RM Group PLC on Monday said it launched Storm, a counterterrorism risk management product, at a reception held at the UK House of Commons. Read More
Acuity RM Group PLC - London-based risk management services via Stream software platform - Reports revenue from the 9 months that ended December 31 is about GBP1.4 million, compared to GBP1.8 million for the 12 months that ended March 31, 2023, having changed its financial year to the calendar year. The company, formerly called Drumz, bought Acuity Risk Management Ltd in a reverse takeover back in April. Total forward contracted revenue as of the end of December is GBP2.9 million, up from GBP2.2 million at the end of February last year. Also reports a new two-year contract for Stream worth GBP105,000 with a "Turkey-based travel company" that it doesn't name. Read More
Acuity RM Group PLC - London-based provider of risk management services - Wholly owned operating subsidiary, Acuity Risk Management Ltd, wins a new contract worth GBP88,000, over two years. Says contract is for the use of Acuity's software platform, Stream, from a "new client which itself designs, implements and runs cyber security programmes for a wide range of clients." Notes that Stream will enable them to better manage risk assessments and so improve their service. Read More
Acuity RM Group PLC - London-based provider of risk management services - Says its subsidiary Acuity Risk Management Ltd has won a GBP561,000 contract with a major organisation within the British government. Says the deal is for the use of its STREAM software platform for a five year period. Notes that it is one of three orders the customer has won in 2023, worth a total of GBP1 million. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday, and not separately reported by Alliance News: Read More
(Alliance News) - Acuity RM Group PLC on Tuesday said its subsidiary Acuity Risk Management Ltd won a new three-year contract. Read More
Acuity RM Group PLC - London-based provider of risk management services - Says that Simon Bennet, non-executive director and chair, has resigned with immediate effect. Angus Forrest will take over as chair. Read More
Acuity RM Group PLC - provider of risk management services said the customer - Wins one year contract worth GBP87,00 for the use of its cyber threat-managing software platform, Stream. Says contract is with an existing client. Says that further opportunities have been and are being identified within this and other existing private and public sector clients for further roll outs of Stream. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Acuity RM Group PLC - provider of risk management services said the customer - Says Chief Executive Officer Simon Marvell of the firm's subsidiary Acuity Risk Management Ltd will retire on June 30. He will not stand for election as director. Says current Chief Operating Officer Kerry Chambers will replace Marvell on July 3. She joined Acuity in 2021 as commercial director before being promoted to its COO in April this year. "She has been responsible for all sales, marketing and related activities. In her time marketing has been brought in-house, a new sales team recruited, a new strategic plan with a partnership programme to expand in North America, which represents 45% of the world market," the firm says. Read More