Centaur Media continues to execute successfully on its MAP23 strategy. FY’21 revenues grew +21% y/y to £39.1m (SCMe: £38.5m), marginally ahead of SCMe forecasts and benefitting from strong renewal rates, positive momentum in eLearning and recovery in events. Adj EBITDA grew +68% y/y to £6.4m (SCMe: £6.1m) supported margins expanding to 16.4% (+470bps y/y), tracking ahead of forecasts and remaining on track for MAP23 (>£45m revs and 23% EBITDA margin). Top-line momentum is underpinned by continue ....
16 Mar 2022
FY'21: Tracking ahead
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FY'21: Tracking ahead
Centaur Media plc (CAU:LON) | 51.0 1 4.1% | Mkt Cap: 74.9m
- Published:
16 Mar 2022 -
Author:
Caspar Erskine -
Pages:
3
Centaur Media continues to execute successfully on its MAP23 strategy. FY’21 revenues grew +21% y/y to £39.1m (SCMe: £38.5m), marginally ahead of SCMe forecasts and benefitting from strong renewal rates, positive momentum in eLearning and recovery in events. Adj EBITDA grew +68% y/y to £6.4m (SCMe: £6.1m) supported margins expanding to 16.4% (+470bps y/y), tracking ahead of forecasts and remaining on track for MAP23 (>£45m revs and 23% EBITDA margin). Top-line momentum is underpinned by continue ....