GetBusy’s FY24 trading update shows FY24E revenue growth of +3% at constant currency to £21.4m, company adjusted EBITDA +40% to at least £1.3m, and a promising outlook that leads us to reiterate our FY25 forecasts. FY24E group ARR grew +6% yoy at constant currency to £21.6m, with SmartVault delivering double-digit ARR growth and Workiro showing promising potential with new business up 6x vs 2023. Company adjusted EBITDA of at least £1.3m compares to our previous forecast of £0.9m due to lower va ....

23 Jan 2025
GetBusy - Promising progress, FY25 forecasts reiterated

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GetBusy - Promising progress, FY25 forecasts reiterated
GetBusy Plc (GETB:LON) | 66.5 0 0.0% | Mkt Cap: 33.7m
- Published:
23 Jan 2025 -
Author:
Michael Hill | Kimberley Carstens -
Pages:
5 -
GetBusy’s FY24 trading update shows FY24E revenue growth of +3% at constant currency to £21.4m, company adjusted EBITDA +40% to at least £1.3m, and a promising outlook that leads us to reiterate our FY25 forecasts. FY24E group ARR grew +6% yoy at constant currency to £21.6m, with SmartVault delivering double-digit ARR growth and Workiro showing promising potential with new business up 6x vs 2023. Company adjusted EBITDA of at least £1.3m compares to our previous forecast of £0.9m due to lower va ....