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The latest announcement is out from accesso Technology ( (GB:ACSO) ).
Accesso Technology Group has announced a trading update indicating that its revenue for the full year is expected to align with its August 2024 guidance, reaching approximately $152 million. Excluding a step back from $3.3 million in pass-through revenue, the company achieved a 4% revenue growth. With a focus on operational efficiency, Accesso expects its Cash EBITDA margin to surpass expectations, reaching approximately 15%. The group’s net cash position at the end of 2024 was $28.7 million, and further guidance for 2025 will be provided in April.
More about accesso Technology
Accesso Technology Group PLC is a leading provider of technology solutions for the leisure, entertainment, and cultural markets. The company offers a range of services including ticketing, point-of-sale, virtual queuing, distribution, and experience management software, serving over 1,000 venues globally. Accesso focuses on enhancing guest experiences and increasing revenue for attractions operators through innovative technology solutions.
YTD Price Performance: -10.30%
Average Trading Volume: 85,790
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £195.6M
For detailed information about ACSO stock, go to TipRanks’ Stock Analysis page.
