Getech generated £4.7m in revenue in FY24A, a 16% YoY increase (FY23: £4.0m), and ARR increased 3.6% to £2.9m (FY23: £2.8m) Following Getech’s restructuring in 2H23, the Company’s cost base reduced by 22% YoY to £5.9m, with the new management further reducing the Company’s cost base by £1m post period. EBITDA loss reduced by c79% YoY to £0.6m, with the Company aiming to be EBITDA positive by YE25. Following a £1.7m placing and retail offering in 2024, cash at the end of period was £0.9m. This ca ....
