essensys PLC (GB:ESYS) has released an update.
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Essensys PLC has announced its FY24 results, showcasing a transition to a pure-play SaaS model that has set a robust foundation for sustainable growth. Despite a slight revenue decline, the company has significantly reduced its losses and expects to be EBITDA profitable in FY25, driven by strategic customer expansion and new product launches. With a focus on high-value clients and innovative solutions, Essensys aims to capitalize on the long-term growth potential in the flexible workspace market.
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