IN BRIEF: GetBusy backs 2023 guidance as recurring revenue rises
GetBusy PLC - Cambridge, England-based professional and financial services productivity software provider - Says annual recurring revenue stands at GBP20.5 million as at March 31, up 17% year-on-year. Says the strong growth in ARR has been driven by "encouraging customer acquisition, including from the Netsuite channel in the UK; fast-expanding revenue in the US". Looking ahead, confirms 2023 expectations with a high level of confidence. Expects revenue to reach GBP21.1 million and adjusted earnings before interest, tax, depreciation and amortisation to reach GBP700,000. In 2022, revenue was GBP19.3 million. Read More