ESYS results were in-line with the March update, yet a newly reported strong contracted pipeline performance is the key takeaway from interims. H1 performance: revenues were resilient in a challenging macro environment, growing 3% y/y to £10.9m (+4% constant currency (‘cc’)). US revenues were up strongly (+20% y/y in $ terms), although as previously highlighted, this was offset by a lost customer in the UK due to CV19 occupancy headwinds. Challenges regarding sales team expansion and sales cycle ....
21 Apr 2022
Pipeline builds strongly
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Pipeline builds strongly
essensys PLC (ESYS:LON) | 18.2 0 0.0% | Mkt Cap: 11.8m
- Published:
21 Apr 2022 -
Author:
Caspar Erskine -
Pages:
3
ESYS results were in-line with the March update, yet a newly reported strong contracted pipeline performance is the key takeaway from interims. H1 performance: revenues were resilient in a challenging macro environment, growing 3% y/y to £10.9m (+4% constant currency (‘cc’)). US revenues were up strongly (+20% y/y in $ terms), although as previously highlighted, this was offset by a lost customer in the UK due to CV19 occupancy headwinds. Challenges regarding sales team expansion and sales cycle ....