Shearwater has announced results for FY March 2024, in-line with the trading update issued by the company on 3 April 2024, with revenue in-line with our forecast and adjusted EBITDA slightly ahead. Following a difficult revenue environment in FY23 and FY24 the company has implemented streamlining measures and achieved additional synergies through the integration of business units. This has allowed Shearwater to remain EBITDA positive and to achieve an improving cash position. The company reports ....
