Arcontech has reported resilient H1 22 results, and continued to invest in strengthening its platform for future growth, as the pandemic has impacted its ability to secure new sales. H1 22 revenue of £1.45m is flat on H2 21, and reflects that c98% of Arcontech’s revenue is from recurring licence fees from core tier 1 financial institutions that greatly value its robust solutions and excellent level of service, with multiple contract renewals on multi-year deals within the period. H1 22 adjusted ....
24 Feb 2022
Arcontech - Resilient H1 22 results in challenging conditions
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Arcontech - Resilient H1 22 results in challenging conditions
Arcontech Group PLC (ARC:LON) | 106 0 0.0% | Mkt Cap: 14.2m
- Published:
24 Feb 2022 -
Author:
Michael Hill -
Pages:
15
Arcontech has reported resilient H1 22 results, and continued to invest in strengthening its platform for future growth, as the pandemic has impacted its ability to secure new sales. H1 22 revenue of £1.45m is flat on H2 21, and reflects that c98% of Arcontech’s revenue is from recurring licence fees from core tier 1 financial institutions that greatly value its robust solutions and excellent level of service, with multiple contract renewals on multi-year deals within the period. H1 22 adjusted ....