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Idox plc ( (GB:IDOX) ) has shared an update.
Idox plc reported a strong financial performance for the fiscal year ending October 31, 2024, with a 20% growth in revenue driven by the Land, Property & Public Protection division. The company saw an increase in recurring revenue and adjusted EBITDA, alongside a significant improvement in cash generation. With a strategic focus on acquisitions and enhanced geospatial capabilities, Idox is well-positioned for future growth opportunities. The company also made significant board appointments to bolster its operational and strategic capabilities.
More about Idox plc
Idox plc is a leading supplier of specialist information management software and geospatial data solutions primarily serving the public and asset-intensive sectors.
YTD Price Performance: -1.25%
Average Trading Volume: 500,773
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £293.7M
Find detailed analytics on IDOX stock on TipRanks’ Stock Analysis page.
