19th Jul 2022 20:51
Kape Technologies PLC - Isle of Man-based digital security and privacy software provider - Says revenue rose for the first half of 2022 due to strong organic growth with demand for privacy and security products on the rise. For the six months to June 30, it expects to report revenue around USD301.6 million, compared with USD95.5 million a year earlier, of which more than 89% was recurring revenue. Pro forma adjusted earnings before interest, tax, depreciation and amortization is expected to be around USD88.5 million, compared with USD28.7 million, it says. The board said it remains confident of delivering revenue in the range of USD610 million to USD624 million and pro forma adjusted Ebitda of between USD166 million to USD172 million for the year. Read More