
01 May 2025
Pulsar Group - Finals: ARR growth, cost cutting, FX movement
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 ....

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Pulsar Group - Finals: ARR growth, cost cutting, FX movement
Pulsar Group PLC (PULS:LON) | 42.0 0 0.0% | Mkt Cap: 56.9m
- 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 ....