Getech has released its final results to end-December 2022. Revenues for the period increased to £5.1m, up 19% YoY and ahead of our forecast (£4.8m). Revenue growth for the period was driven by the signing of over 100 new contracts with a total deal value of £6.5m. In 2022, Getech was able to further diversify its revenue stream, substantially increasing the proportion of its revenue coming from critical minerals to 23% (2021: 5%). This growth expanded Getech's orderbook to a record year-end pos ....

05 Jun 2023
Cenkos: Getech Group Plc -- 2022 Annual Results

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Cenkos: Getech Group Plc -- 2022 Annual Results
GETECH Group plc (GTC:LON) | 7.4 0 0.0% | Mkt Cap: 4.96m
- Published:
05 Jun 2023 -
Author:
James McCormack -
Pages:
7 -
Getech has released its final results to end-December 2022. Revenues for the period increased to £5.1m, up 19% YoY and ahead of our forecast (£4.8m). Revenue growth for the period was driven by the signing of over 100 new contracts with a total deal value of £6.5m. In 2022, Getech was able to further diversify its revenue stream, substantially increasing the proportion of its revenue coming from critical minerals to 23% (2021: 5%). This growth expanded Getech's orderbook to a record year-end pos ....