Gresham has rounded off what could have been a difficult year with 17% organic growth in
Clareti ARR to £12.3m. Several large new deals have helped achieve this growth showing
that Clareti sits firmly in the digital transformation camp. EBITDA forecasts were actually
revised up 7% over the year. All this bodes well for FY21, where we believe our forecast of
just under 30% revenue growth for Clareti is over 80% underpinned. A strengthening pipeline
over H220 should make our forecasts achieva ....
06 Jan 2021
A year of strong ARR growth
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A year of strong ARR growth
Gresham Technologies plc (GHT:LON) | 163 0 0.0% | Mkt Cap: 136.7m
- Published:
06 Jan 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
Gresham has rounded off what could have been a difficult year with 17% organic growth in
Clareti ARR to £12.3m. Several large new deals have helped achieve this growth showing
that Clareti sits firmly in the digital transformation camp. EBITDA forecasts were actually
revised up 7% over the year. All this bodes well for FY21, where we believe our forecast of
just under 30% revenue growth for Clareti is over 80% underpinned. A strengthening pipeline
over H220 should make our forecasts achieva ....