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Vista Group Achieves Record Revenue and Expands Cloud Solutions

Story Highlights
  • Vista Group reported record revenue and significant growth in recurring and SaaS revenue.
  • The company upgraded its long-term EBITDA margin aspirations, indicating strong future growth potential.
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Vista Group Achieves Record Revenue and Expands Cloud Solutions

The latest update is out from Vista Group International Ltd ( (AU:VGL) ).

Vista Group International Ltd reported record revenue for the year ending December 2024, with significant growth in recurring and SaaS revenue. The company achieved positive free cash flow and profit before tax, while accelerating client transitions to its cloud solutions. The company has upgraded its long-term EBITDA margin aspirations, indicating strong future growth potential. The expansion of its client base and the achievement of SOC 2 Type 1 certification for its Vista Cloud platform highlight its strengthened market position. These developments are expected to enhance Vista Group’s operational excellence and industry standing.

More about Vista Group International Ltd

Vista Group International Ltd, founded in New Zealand in 1996, is a global leader in providing technology solutions to the international film industry. The company, listed on both the New Zealand and Australian stock exchanges, offers a range of services including cinema management software, loyalty and marketing solutions, film distribution software, box office reporting, and creative studio solutions through its various brands such as Vista, Veezi, Movio, Numero, Maccs, Flicks, and Powster.

YTD Price Performance: 5.28%

Average Trading Volume: 15,972

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$704M

See more data about VGL stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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