Journeo has released FY22A results in-line with the trading update last month. The year was another transformational one for the business which saw the SaaS platform connections scale-up dramatically by 150%, revenue grow 35% to £21.1m and net profit more than double to £0.9m. The outlook for FY23E shows growth continuing following strong activity in the core business as well as in the newly acquired Infotec subsidiary. Journeo's valuation looks attractive given it trades on a FY23E EV/EBITDA of ....
28 Mar 2023
Cenkos: Journeo Plc -- Displaying Animated Growth
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Cenkos: Journeo Plc -- Displaying Animated Growth
Journeo plc (JNEO:LON) | 460 23 1.1% | Mkt Cap: 81.3m
- Published:
28 Mar 2023 -
Author:
Andrew Renton -
Pages:
6 -
Journeo has released FY22A results in-line with the trading update last month. The year was another transformational one for the business which saw the SaaS platform connections scale-up dramatically by 150%, revenue grow 35% to £21.1m and net profit more than double to £0.9m. The outlook for FY23E shows growth continuing following strong activity in the core business as well as in the newly acquired Infotec subsidiary. Journeo's valuation looks attractive given it trades on a FY23E EV/EBITDA of ....