Dillistone, a supplier of software to the international recruitment industry, has announced a solid set of full year results that, in our view, pave the way for rapid YoY earnings progression from FY2024. For FY2023, against a small, anticipated YoY decrease in sales, adjusted EBITDA exhibited substantial growth of 38.5% to £1.3m (FY2022: £0.9m), ahead of our £1.2m estimate, and with a welcome return to profitability, PBTA of £0.1m (FY2022: loss £0.3m) in-line with our expectation. Our cautious ....
25 Apr 2024
Dillistone Group - FY2023 results in-line, solid start to 2024, earnings recovery set to gain momentum
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Dillistone Group - FY2023 results in-line, solid start to 2024, earnings recovery set to gain momentum
Dillistone Group Plc (DSG:LON) | 11.5 0 0.0% | Mkt Cap: 2.26m
- Published:
25 Apr 2024 -
Author:
Matthew Davis -
Pages:
6
Dillistone, a supplier of software to the international recruitment industry, has announced a solid set of full year results that, in our view, pave the way for rapid YoY earnings progression from FY2024. For FY2023, against a small, anticipated YoY decrease in sales, adjusted EBITDA exhibited substantial growth of 38.5% to £1.3m (FY2022: £0.9m), ahead of our £1.2m estimate, and with a welcome return to profitability, PBTA of £0.1m (FY2022: loss £0.3m) in-line with our expectation. Our cautious ....