26th Jan 2023 12:13
Idox PLC - Reading, England-based supplier of information management software for public and "'asset intensive' sectors - Posts a 6.4% rise in revenue for the financial year ended October 31 to GBP66.2 million, up from GBP62.2 million the year before. Pretax profit, however, drops by 9.6% to GBP6.6 million from GBP7.3 million, as finance costs rise to GBP2.2 million from GBP1.2 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation margin improves to 34% compared to 31% in financial 2021Idox explains that margin improvement was "driven by operational improvements, acquisitions, and business mix." Read More
