ActiveOps plc (GB:AOM) has released an update.
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ActiveOps plc reports a robust full-year trading update for FY 2024, with a 5% increase in revenue to £26.8m, significantly higher adjusted EBITDA at £2.2m, and a strong cash position of £17.6m. SaaS revenue grew by 11% on a constant currency basis, while the company’s Annual Recurring Revenue (ARR) saw a 14% rise, signaling a positive outlook for the upcoming year. The company is poised for further growth, driven by new customer acquisitions, successful product launches such as ControliQ Series 3, and strategic leadership appointments.
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