Eckoh has made strong progress in H1’24 with 22% N. America Data Security Solutions ARR growth and a record pipeline, although this is not yet reflected at a Group level. A 4% yoy decline in total revenues to £18.8m, masks the progress made in the important N. America market where revenues grew 5% yoy (+$0.6m) and recurring revenues +18% yoy (+$1.4m). The delta between this impressive growth in recurring revenues and a decline in total revenues is the absence of hardware revenues in contract ren ....


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H1'24: 22% N. America ARR growth
- Published:
21 Nov 2023 -
Author:
Singer CM Team -
Pages:
3 -
Eckoh has made strong progress in H1’24 with 22% N. America Data Security Solutions ARR growth and a record pipeline, although this is not yet reflected at a Group level. A 4% yoy decline in total revenues to £18.8m, masks the progress made in the important N. America market where revenues grew 5% yoy (+$0.6m) and recurring revenues +18% yoy (+$1.4m). The delta between this impressive growth in recurring revenues and a decline in total revenues is the absence of hardware revenues in contract ren ....