Actual Experience, post the November trading statement, has released FY results with revenue for year to end September having grown to £1.08m (FY'17 £0.36m), which is in line. Management are increasingly confident and see these results as an inflections point. We expect the ARR to continue to grow, and it has grown since year end from £1.6m to £1.8m. We expect growth to accelerate and we retain our Buy rating and PT450p.
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Full year Results; Inflection Point
- Published:
16 Jan 2019 -
Author:
Harvey Robinson -
Pages:
3
Actual Experience, post the November trading statement, has released FY results with revenue for year to end September having grown to £1.08m (FY'17 £0.36m), which is in line. Management are increasingly confident and see these results as an inflections point. We expect the ARR to continue to grow, and it has grown since year end from £1.6m to £1.8m. We expect growth to accelerate and we retain our Buy rating and PT450p.