Actualización de negociación de todo el año y aviso de resultados
24 de abril de 2024
ActiveOps plc
("ActiveOps", la "Compañía" o el "Grupo")
Actualización de comercio de año completo
y Aviso de Resultados
ActiveOps plc (AIM: AOM), a leading provider of Decision Intelligence software for service operations, is pleased to provide an update on trading for the year ended 31 March 2024. Highlights include good growth in adjusted EBITDA*, profit before tax and cash, with an 11% increase in SaaS revenue on a constant currency ("CC") basis and exit Annual Recurring Revenue ("ARR") up by 14% CC versus the prior year.
Aspectos financieros destacados del año fiscal 24
Group revenue is expected to be approximately £26.8m, an increase of 5% on the prior year (FY 2023: £25.5m) or approximately 9% on a CC basis, reflecting a healthy SaaS performance alongside an ongoing challenging backdrop for training and implementation services, as seen in H1.
The Group has seen strong growth in adjusted EBITDA which is expected to be at least £2.2m (FY 2023: £0.7m), including an increase in capitalised R&D spend of approximately £0.5m to £1.35m (FY 2023 £0.85m, capitalised), as the Group continues to focus on the development of advanced AI-based product features. In addition, prudent cost management has offset the impact of some adverse FX movement. Building on the positive profit before tax performance seen in H1, the Group expects to report continued strong growth in profit before tax for the full year.
Cash generation has been strong, resulting in an increased year-end cash position of £17.6m (FY 2023: £15.4m).
SaaS revenues increased by approximately 8% on the prior year (11% on a CC basis). This, coupled with strong Net Revenue Retention of 110% on a CC basis has seen Annual Recurring Revenue increase to approximately £25.1m, an increase of approximately 11% on the prior year (FY 2023: £22.6m) or around 14% on a CC basis, providing a solid exit run rate for the year ahead.
FY24 Operational Highlights and Outlook
Operationally the Group has made good progress, securing new customer wins, strong customer retention and encouraging expansion within the existing customer base. The Group is successfully migrating customers onto ControliQ Series 3 and momentum in CaseworkiQ continues to build, with total CaseworkiQ ARR growth in the year of 95%. Following additional investment in marketing, the Company is seeing an increase in good-quality leads.
Of note in the year has been the winning of three significant ControliQ enterprise contracts following thorough and competitive RfP processes. The proven enterprise-scale capabilities of ControliQ and ability to deliver material cost savings with rapid ROI, as well as ActiveOps' wider product set, exciting AI and ML supported product roadmap, were instrumental to ActiveOps being selected.
The Group remains well capitalised, and the strength of the balance sheet, the strong market response to the Group's product roadmap and growing number of well qualified sales leads, give the Board confidence to invest in the global sales operation in the coming year, with a view to driving the Group's organic growth rate.
As part of this focus on growth, the Company has recently expanded its Senior Leadership Team through the appointment of a Group Managing Director, APAC Regional Managing Director, and Regional Chair, Africa business, as announced on 25 March 2024. Each individual brings valuable experience and will provide increased focus on the execution of ActiveOps' growth strategy, as the Company looks to build on the strong foundations established since IPO across its key global markets.
El CEO de ActiveOps, Richard Jeffery, comentó: "FY 2024 has seen another solid year for ActiveOps, expanding our customer base while launching exciting innovations within our offerings. Having achieved continued progress in profitability and with a strong balance sheet, we are well placed to invest in the management structure and sales teams to drive further organic growth across all our key markets. We are excited by the uptake of ControliQ Series 3 and the forthcoming release of Series 4, which with AI and ML technologies at their core are primed to make a real difference for our customers and create more value from their service operations. With a strong leadership team in place and market leading offering, we look forward to the year ahead with confidence."
Aviso de resultados
The Company intends to announce its results for the year ended 31 March 2024 on 25 June 2024.
* Adjusted EBITDA is used by management to assess the trading performance of the business. Defined as Operating profit before depreciation, amortisation, share-based payment charges and exceptional items and includes FX differences.
** Company compiled range is based on known sell-side analyst estimates. The latest known sell-side analyst estimates for the full year ended 31 March 2024 are:
· Ingresos en el rango de £27.3 millones a £27.4 millones
· Adjusted EBITDA in the range of £1.0m to £1.3m
· Adjusted PBT in the range of £0.4m to £0.7m
· Cash in the range of £15.6m to £17.2m
Para obtener más información, póngase en contacto:
operaciones activas | Vía Alma |
Richard Jeffery, director ejecutivo | www.activeops.com |
Emma Salthouse, directora financiera | |
| |
Banco Investec plc | 44 0 20 7597 5970 |
Asesoría de corretaje corporativo y PLC | |
Patrick Robb / Nick Prowting | |
| |
Alma Comunicaciones Estratégicas | + 44 (0) 203 405 0205 |
Caroline Forde / Will Ellis Hancock |
Acerca de ActiveOps
Las ofertas de la compañía brindan información predictiva y prescriptiva para ayudar a las operaciones de servicios a tomar mejores decisiones y más rápido. Las soluciones SaaS impulsadas por IA de la compañía están respaldadas por más de 15 años de datos operativos y su metodología AOM, que ha demostrado impulsar la toma de decisiones entre departamentos.
Con Decision Intelligence, los clientes de ActiveOps ofrecen MÁS: liberan más del 20 % de la capacidad en los primeros 12 meses y aumentan la productividad en un 30 % más, lo que genera MÁS impacto comercial. Los tiempos de respuesta a los clientes mejoran sustancialmente, se reducen los costos, se cumplen los SLA y los empleados están más felices y comprometidos.
La empresa cuenta con más de 170 empleados y presta servicios a una base global de clientes de más de 80 clientes empresariales desde oficinas en el Reino Unido, Irlanda, EE. UU., Canadá, Australia, India y Sudáfrica. Los clientes del Grupo se encuentran principalmente en los sectores de banca, seguros, administración de atención médica y subcontratación de procesos comerciales (BPO), incluidos Nationwide, TD Bank, Elevance y DXC Technology.
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