26th Apr 2023 14:36
Pebble Beach Systems Group PLC - Weybridge, England-based provider of content management software for broadcasters and video streaming services - Posts revenue of GBP11.2 million for 2022, up 5.7% from GBP10.6 million in 2021. Says recurring revenue represents 41% of total revenue, which "provides good visibility of future years' forecasts". Pretax profit, however, falls by 20% to GBP1.2 million from GBP1.5 million, as sales & marketing expenses increase to GBP2.2 million from GBP1.8 million the year earlier. Order intake stands at GBP11.3 million at year-end, down from GBP13.7 million a year earlier. Looking ahead, Pebble Beach says it has started 2023 in line with expectations. Read More