Made Tech Group PLC (GB:MTEC) has released an update.
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Made Tech Group PLC reported a significant increase in Adjusted EBITDA by 56% for FY24, despite a slight decrease in revenue and sales bookings compared to FY23, showcasing enhanced productivity and cost management. The company, specializing in digital services for the UK public sector, has a strong cash position with no debt and anticipates positive cash flow and robust revenue in FY25, backed by solid sales bookings and a valuable contract with the Department for Education.
For further insights into GB:MTEC stock, check out TipRanks’ Stock Analysis page.
