Microlise Group Holdings Ltd. (GB:SAAS) has released an update.
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Microlise Group Holdings Ltd. reports a robust half-year financial performance with a 15.4% revenue increase to £39.1m and a 20.6% jump in Annual Recurring Revenue, driven by new customer acquisitions and growth in recurring revenues. The company’s strategic acquisitions have expanded its product offerings, leading to significant contract wins, including a 10-year contract with an existing customer and a major deal with Woolworths in ANZ. With a positive outlook and a strong sales pipeline, Microlise is confident in meeting its full-year expectations for 2024.
For further insights into GB:SAAS stock, check out TipRanks’ Stock Analysis page.
