The interims confirm acceleration in the already rapid revenue growth (+29% yoy in 1Q and now +33% yoy across 1H23), keeping the LBITDA in line with last year despite increased investment in product development and sales and marketing to seize new market opportunities (notably in Canada and Australia). PCIP remains on track for FY forecasts, which remain unchanged. Investment in the channel sales strategy is paying off with continued strong new customer sales; a record number of new contracts we ....

14 Mar 2023
PCI Pal - 1H sees accelerating revenue growth as TACV builds

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PCI Pal - 1H sees accelerating revenue growth as TACV builds
PCI-PAL PLC (PCIP:LON) | 56.5 0 0.0% | Mkt Cap: 37.0m
- Published:
14 Mar 2023 -
Author:
Team Legacy Research -
Pages:
16 -
The interims confirm acceleration in the already rapid revenue growth (+29% yoy in 1Q and now +33% yoy across 1H23), keeping the LBITDA in line with last year despite increased investment in product development and sales and marketing to seize new market opportunities (notably in Canada and Australia). PCIP remains on track for FY forecasts, which remain unchanged. Investment in the channel sales strategy is paying off with continued strong new customer sales; a record number of new contracts we ....