Interims from Newmark Security plc, a leading provider of electronic, software, and physical security systems and installation, indicated further growth in recurring revenue and services. ARR at the Human Capital Management (HCM) part of Grosvenor Technology increased 30% to £3.0m, benefiting group gross margin (up 0.9 percentage points to 38.1%). As a result, group gross profit was flat at £3.9m on revenue down 1.3% to £10.2m. Increased investment, in line with the five-year plan, resulted in E ....

31 Jan 2025
Allenby Capital - Newmark Security plc: Interims - H2 growth anticipated in both divisions

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Allenby Capital - Newmark Security plc: Interims - H2 growth anticipated in both divisions
Newmark Security PLC (NWT:LON) | 77.5 0 0.0% | Mkt Cap: 7.27m
- Published:
31 Jan 2025 -
Author:
David Johnson -
Pages:
4 -
Interims from Newmark Security plc, a leading provider of electronic, software, and physical security systems and installation, indicated further growth in recurring revenue and services. ARR at the Human Capital Management (HCM) part of Grosvenor Technology increased 30% to £3.0m, benefiting group gross margin (up 0.9 percentage points to 38.1%). As a result, group gross profit was flat at £3.9m on revenue down 1.3% to £10.2m. Increased investment, in line with the five-year plan, resulted in E ....