Smarttech247 has reported interims in line with unchanged forecasts, with cash further benefiting post period end from the €1.8m proceeds of the disposal of Getvisibility. The typical 2H weighting for S247 saw 1H adj EBITDA of €0.1m from revenue of €6.5m, representing 12% (FY24: 9%) and 46% (FY24: 41%) of unchanged full-year expectations. Benefiting from the 50% ARR growth in FY24, revenue grew 21%, while ARR has expanded 4% in the period to €9.4m (including annually recurring third-party softwa ....

28 Apr 2025
Smarttech247 - Interims on track, investing for growth

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Smarttech247 - Interims on track, investing for growth
Smarttech247 Group PLC (S247:LON) | 7.8 0 0.0% | Mkt Cap: 8.80m
- Published:
28 Apr 2025 -
Author:
Andrew Darley | Kimberley Carstens -
Pages:
13 -
Smarttech247 has reported interims in line with unchanged forecasts, with cash further benefiting post period end from the €1.8m proceeds of the disposal of Getvisibility. The typical 2H weighting for S247 saw 1H adj EBITDA of €0.1m from revenue of €6.5m, representing 12% (FY24: 9%) and 46% (FY24: 41%) of unchanged full-year expectations. Benefiting from the 50% ARR growth in FY24, revenue grew 21%, while ARR has expanded 4% in the period to €9.4m (including annually recurring third-party softwa ....