Pulsar has delivered finals to November 2024 which indicate revenue performance of £62.0m in line with expectations, and adj EBITDA of £9.3m (vs £9.0mE). Net debt of £4.9m, as expected, demonstrated the effect of £8.6m cash exceptionals related to the ongoing cost cutting. As a consequence, FY24 adj opex fell to £35.8m from £38.8m in FY23, a substantial reduction since the peak of £47.5m in FY22, generating strong margin improvement. Constant currency ARR growth of 3% included +6% in EMEA & Nort ....
01 May 2025
Pulsar Group - Finals: ARR growth, cost cutting, FX movement
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Pulsar Group - Finals: ARR growth, cost cutting, FX movement
Pulsar Group PLC (PULS:LON) | 36.5 0.2 1.4% | Mkt Cap: 49.5m
- Published:
01 May 2025 -
Author:
Andrew Darley | Kimberley Carstens -
Pages:
15 -
Pulsar has delivered finals to November 2024 which indicate revenue performance of £62.0m in line with expectations, and adj EBITDA of £9.3m (vs £9.0mE). Net debt of £4.9m, as expected, demonstrated the effect of £8.6m cash exceptionals related to the ongoing cost cutting. As a consequence, FY24 adj opex fell to £35.8m from £38.8m in FY23, a substantial reduction since the peak of £47.5m in FY22, generating strong margin improvement. Constant currency ARR growth of 3% included +6% in EMEA & Nort ....