25 Feb 2021
Accelerating Growth
We have often made the point that DOTD should see accelerating growth on the back of new functionality and international expansion. H1 organic revenue growth of 22% (compared to a steady c.15% pre-CV19) is a strong validation of our thesis and is indicative of secular trends rather than a pandemic bounce back. We note strong growth in SMS (notably driving c. 25% revs growth in the UK), strong international and partner growth (27% and 20% resp.), enhanced functionality growth (20%) and, bringing ....
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Accelerating Growth
dotDigital Group plc (DOTD:LON) | 85.6 0 0.0% | Mkt Cap: 262.7m
- Published:
25 Feb 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
We have often made the point that DOTD should see accelerating growth on the back of new functionality and international expansion. H1 organic revenue growth of 22% (compared to a steady c.15% pre-CV19) is a strong validation of our thesis and is indicative of secular trends rather than a pandemic bounce back. We note strong growth in SMS (notably driving c. 25% revs growth in the UK), strong international and partner growth (27% and 20% resp.), enhanced functionality growth (20%) and, bringing ....