IXICO has provided a trading update for the 12-months ending September 2022. The company expects revenues of £8.6m for the period, slightly ahead of our forecasts £8.5m. EBITDA is expected to be in-line at £1.5m and cash at the year-end was a strong £5.8m. IXICO remains debt free. IXICO signed £12.6m of new contracts through the year reflecting the rebuilding of the company's client base and reducing the reliance on any one, single client trial. We are leaving our forecasts unchanged at this tim ....
25 Oct 2022
Cenkos: IXICO Plc -- Year-end trading update
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Cenkos: IXICO Plc -- Year-end trading update
IXICO Plc (IXI:LON) | 8.8 0 0.0% | Mkt Cap: 4.23m
- Published:
25 Oct 2022 -
Author:
Chris Donnellan -
Pages:
8
IXICO has provided a trading update for the 12-months ending September 2022. The company expects revenues of £8.6m for the period, slightly ahead of our forecasts £8.5m. EBITDA is expected to be in-line at £1.5m and cash at the year-end was a strong £5.8m. IXICO remains debt free. IXICO signed £12.6m of new contracts through the year reflecting the rebuilding of the company's client base and reducing the reliance on any one, single client trial. We are leaving our forecasts unchanged at this tim ....