Getech has announced eight new contract wins with an aggregate value of £1.8m. £0.6m is expected to be recognised in FY23, with the balance of £1.2m to be added to the Company’s order book, which currently totals £4.6m (30 June 2023: £4.4m). Alongside these new contract wins, Getech is signing up all new customers to its subscription model, as well as migrating existing customers to longer-term contracts. As a result, annual recurring revenue (ARR) has increased to £2.8m (FY22: £2.4m). Following ....
03 Jan 2024
Getech Group - Eight New Contract Wins
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Getech Group - Eight New Contract Wins
GETECH Group plc (GTC:LON) | 8.6 0 0.0% | Mkt Cap: 5.82m
- Published:
03 Jan 2024 -
Author:
James McCormack -
Pages:
5
Getech has announced eight new contract wins with an aggregate value of £1.8m. £0.6m is expected to be recognised in FY23, with the balance of £1.2m to be added to the Company’s order book, which currently totals £4.6m (30 June 2023: £4.4m). Alongside these new contract wins, Getech is signing up all new customers to its subscription model, as well as migrating existing customers to longer-term contracts. As a result, annual recurring revenue (ARR) has increased to £2.8m (FY22: £2.4m). Following ....