Jaywing (GB:JWNG) has released an update.
Jaywing PLC, a Data Science and Marketing firm, posted a 13.3% increase in Group Adjusted EBITDA to £2,161k despite a 2.8% dip in overall revenues for the financial year ended March 2024, mainly driven by strong growth in the Australian market. The UK sector faced challenges, reflected by a 16.7% fall in UK Adjusted EBITDA, but the company anticipates improved cash flow and stability in the second half of the current year following restructuring and cost-saving measures. The annual report is available on their website, and a general meeting is scheduled for 26th September 2024.
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