tiprankstipranks
Company Announcements

Netcall Reports Strong Growth with Cloud and AI Focus

Story Highlights
  • Netcall’s revenue rose by 22% to £23.0m, driven by cloud services and acquisitions.
  • The integration of Govtech and Parble enhances capabilities, opening new cross-selling opportunities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Netcall Reports Strong Growth with Cloud and AI Focus

An update from Netcall ( (GB:NET) ) is now available.

Netcall PLC reported a strong performance for the six months ended December 2024, with a 22% increase in revenue to £23.0m, driven by organic growth and strategic acquisitions. The company’s cloud services, particularly the Liberty Cloud solutions, have been pivotal in this growth, contributing to a 47% increase in Cloud ACV. The integration of recent acquisitions, Govtech and Parble, has enhanced Netcall’s capabilities and opened new cross-selling opportunities. The company continues to focus on cloud and AI adoption, positioning itself for sustainable growth with a strong base of recurring revenue and a positive outlook for the second half of the year.

More about Netcall

Netcall is a leading provider of intelligent automation and customer engagement software, offering its Liberty software platform to help organizations digitally transform their operations. The company serves enterprise, healthcare, and government sectors, with notable clients including NHS Acute Health Trusts, Legal and General, Lloyds Banking Group, Aon, and Santander.

YTD Price Performance: 7.48%

Average Trading Volume: 392,887

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £190.1M

For an in-depth examination of NET stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App