5th May 2022 15:34
GetBusy PLC - Cambridge, England-based document management and productivity software provider - Confirms trading momentum of 2021 continued into first quarter, as annual recurring revenue reaches GBP17.0 million, up 19% year-on-year. Driven by "bouyant customer demand" across established brands, as well monetisation initiatives and strong net revenue retention.
Company is "very confident" of full-year expectations of revenue no less than GBP17.0 million, and adjusted earnings before interest, tax, depreciation and amortisation approaching breakeven.
Current stock price: 63.10 pence, up 4.3% on Thursday
12-month change: down 35%
By Elizabeth Winter; [email protected]
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