essensys has released a strong set of maiden full year results, beating expectations set at the time of the IPO. The group continues to benefit from the structural growth being seen in the flexible workspace market, with both its Connect and Operate platforms delivering strong performance. Today’s results highlight the recurring revenue and pipeline visibility inherent within the model, with run rate recurring revenue ending the year up 27% at £17.3m. We are prudently making no major changes to ....
22 Oct 2019
Capitalising on the coworking growth trend
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Capitalising on the coworking growth trend
essensys PLC (ESYS:LON) | 19.5 -0.1 (-3.7%) | Mkt Cap: 12.6m
- Published:
22 Oct 2019 -
Author:
Oliver Knott -
Pages:
3
essensys has released a strong set of maiden full year results, beating expectations set at the time of the IPO. The group continues to benefit from the structural growth being seen in the flexible workspace market, with both its Connect and Operate platforms delivering strong performance. Today’s results highlight the recurring revenue and pipeline visibility inherent within the model, with run rate recurring revenue ending the year up 27% at £17.3m. We are prudently making no major changes to ....