Tribal has released a very pleasing y/e update, as revenue, EBITDA and cash are all ahead, while core ARR has grown +9% ccy. to £54.8m, as traction and momentum gathered pace throughout the year, driven by expansions with existing customers and also a new SITS customer, being SOAS University of London. Meanwhile EBITDA and FCF growth are also worth highlighting, as these improvements reflect operational efficiencies, which leave the business well positioned for future periods. As a consequence, ....

31 Jan 2025
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Tribal Group plc (TRB:LON) | 44.1 0 0.0% | Mkt Cap: 94.3m
- Published:
31 Jan 2025 -
Author:
Harold Evans -
Pages:
3 -
Tribal has released a very pleasing y/e update, as revenue, EBITDA and cash are all ahead, while core ARR has grown +9% ccy. to £54.8m, as traction and momentum gathered pace throughout the year, driven by expansions with existing customers and also a new SITS customer, being SOAS University of London. Meanwhile EBITDA and FCF growth are also worth highlighting, as these improvements reflect operational efficiencies, which leave the business well positioned for future periods. As a consequence, ....