20th Jul 2022 11:15
Netcall PLC - Bedford-based customer engagement software provider - Expects revenue to grow 12% to GBP30.5 million in the financial year that ended June 30 from GBP27.2 million the year before. Expects adjusted earnings before interest, tax, depreciation, and amortization to grow by 20% to GBP6.4 million from GBP5.3 million. Says the results will be ahead of market expectations, as believes that consensus market expectations is revenue of GBP29.8 million and adjusted Ebitda of GBP6.0 million. Attributes this to good demand across its product portfolio. Says its cloud offering grew "strongly" and anticipates cloud revenue to increase by 30% to GBP10.7 million from GBP8.3 million.
"The group's strong trading momentum coupled with a robust balance sheet, growing recurring revenues and advanced digital solutions, provide the board with confidence in the group's continued success," Chief Executive Henrik Bang says.
Current stock price: 88.80 pence
12-month change: up 24%
By Abby Amoakuh; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Netcall