Microlise Group Holdings Ltd. (GB:SAAS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Microlise Group Holdings Ltd., a leading transport management software provider, reported a significant 15.4% rise in revenue to £39.1m in H1 2024, driven by a 21.5% increase in recurring revenues and strategic acquisitions. Despite a decrease in operating profit and net cash, the company saw a 16.8% increase in adjusted EBITDA and is confident in meeting full-year market forecasts, backed by strong customer retention and international contract wins.
For further insights into GB:SAAS stock, check out TipRanks’ Stock Analysis page.
