Today’s H1 update highlights strong progress, this includes +19% sales growth to $24.1m (or +21% cc.). Furthermore, ARR continues to grow rapidly: +130% y/y to $12.9m, driven by DVM’s ongoing success, thanks to four new customer wins and the further scaling of existing accounts, which led to 159% NRR. EBITDA is also significantly better at “over $4.0m” (vs. $-0.2m in 1H23) yet notwithstanding, this points towards a meaningful H2 weighting when compared against full-year expectations. We do howev ....
