The highlight of FY21 was continued strong growth in US Secpay, with revenues up 57% yoy to $12.8m and now representing >32% of group sales. As such Eckoh contains one of the fastest growing technology businesses in the UK, with the size of this business now very much moving the needle. Eckoh’s Cloud offering (>50% of new contracts by value) and remote SecPay offerings found particular favour in the period, with on premise business having been hindered by lockdowns. We continue to feel that Ecko ....
15 Jun 2021
Resilient FY21, poised for recovery in FY23
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Resilient FY21, poised for recovery in FY23
Eckoh plc (ECK:LON) | 42.5 1.3 7.6% | Mkt Cap: 123.4m
- Published:
15 Jun 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
The highlight of FY21 was continued strong growth in US Secpay, with revenues up 57% yoy to $12.8m and now representing >32% of group sales. As such Eckoh contains one of the fastest growing technology businesses in the UK, with the size of this business now very much moving the needle. Eckoh’s Cloud offering (>50% of new contracts by value) and remote SecPay offerings found particular favour in the period, with on premise business having been hindered by lockdowns. We continue to feel that Ecko ....