Skillcast’s guidance for the year ended December 2024 is in line with our forecasts and hence confirms a return to profitability. Other key points include: 30% growth in the recurring revenues Subscriptions business which now accounts for 83% of Group revenues; EBITDA for 2024 is expected to be c.£0.5m, from a loss of £0.6m in FY 2023; ARR of £11.3m is double that of three years ago; and the net cash position improved from £7.2m to £9.1m or c.10p per share. We make a minor adjustment to our 2025 ....

23 Jan 2025
Allenby Capital: Skillcast Group - FY update

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Allenby Capital: Skillcast Group - FY update
Skillcast Group Plc (SKL:LON) | 56.5 0 0.0% | Mkt Cap: 50.5m
- Published:
23 Jan 2025 -
Author:
Matt Butlin -
Pages:
5 -
Skillcast’s guidance for the year ended December 2024 is in line with our forecasts and hence confirms a return to profitability. Other key points include: 30% growth in the recurring revenues Subscriptions business which now accounts for 83% of Group revenues; EBITDA for 2024 is expected to be c.£0.5m, from a loss of £0.6m in FY 2023; ARR of £11.3m is double that of three years ago; and the net cash position improved from £7.2m to £9.1m or c.10p per share. We make a minor adjustment to our 2025 ....