essensys’ H1(Jan)’21E update highlights continued execution on the Group’s deployment pipeline. essensys has again delivered growth in Connect sites through lockdown (H1’21: +12 sites to 431), whilst US recurring revenues were £4.4m, up +23% on a constant currency (‘c/c’) basis. Group recurring revenue rose +1% y/y to £9.8m (c/c). Total Group sales were £10.6m, in-line with expectations. Whilst deployments and Marketplace sales have been impacted by lockdown, this has been offset by a high rate ....
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Strong US performance continues
essensys PLC (ESYS:LON) | 18.2 0 0.0% | Mkt Cap: 11.8m
- Published:
18 Feb 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
essensys’ H1(Jan)’21E update highlights continued execution on the Group’s deployment pipeline. essensys has again delivered growth in Connect sites through lockdown (H1’21: +12 sites to 431), whilst US recurring revenues were £4.4m, up +23% on a constant currency (‘c/c’) basis. Group recurring revenue rose +1% y/y to £9.8m (c/c). Total Group sales were £10.6m, in-line with expectations. Whilst deployments and Marketplace sales have been impacted by lockdown, this has been offset by a high rate ....