FYFeb25 TU: ADVT has been winning new logos and renewing existing customers on improved terms across its business lines. To achieve this, ADVT has continued to benefit from the ongoing migration of its customers to the cloud and sustained demand for its digital software and solutions. This, plus operational improvements should mean FY25 EBITDA is materially ahead of our forecasts (we now expect £9.6m instead of £8.4m). As we highlighted in the initiation, this is an experienced team who have suc ....

20 Feb 2025
EBITDA beat driven by incremental improvements

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EBITDA beat driven by incremental improvements
AdvancedAdvT Ltd. (ADVT:LON) | 170 0 0.0% | Mkt Cap: 231.9m
- Published:
20 Feb 2025 -
Author:
James Musker -
Pages:
3 -
FYFeb25 TU: ADVT has been winning new logos and renewing existing customers on improved terms across its business lines. To achieve this, ADVT has continued to benefit from the ongoing migration of its customers to the cloud and sustained demand for its digital software and solutions. This, plus operational improvements should mean FY25 EBITDA is materially ahead of our forecasts (we now expect £9.6m instead of £8.4m). As we highlighted in the initiation, this is an experienced team who have suc ....