Six weeks after reporting finals to November, Pulsar’s interims to May confirm that the 2H23 turnaround in ARR in APAC, from contraction to expansion, has continued into 1H24. Constant currency group ARR growth of £+2.2m compared very favourably with £+1.1m achieved in 1H23, although FX movements restrained it to £1.3m on a reported basis – with the same effect on revenue indicating £0.4m growth in 1H24, becoming £-0.5m on a reported basis. The focus on costs in previous periods saw EBITDA expan ....
