No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - Netcall said on Tuesday that full-year revenue rose 20% to an expected 57.7m, including 12% organic growth, while adjusted EBITDA increased 23% to 12.1m and the margin improved to 21% from 20%.
Cloud annual contract value grew 37% to 46.3m, including 24% underlying organic growth, as new customer wins and additional subscriptions strengthened recurring revenue.
Sales of AI-related products almost tripled and featured in more than 40% of new cloud orders, while the integration of Jadu delivered close to 1.0m of annualised cost savings and initial cross-sales.
Netcall ended the year with net cash of 21.0m after 13.4m of acquisition-related payments and entered the new financial year with a record sales pipeline.
At 1156 BST, shares in Necall were up 1.76% at 115.5p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.