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Acuity RM Group Reports 2024 Financial Results and Strategic Initiatives

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Acuity RM Group Reports 2024 Financial Results and Strategic Initiatives

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The latest announcement is out from Drumz ( (GB:ACRM) ).

Acuity RM Group plc reported its final results for the year ended December 2024, highlighting a revenue increase to £2.1 million, driven by organic growth and strengthened customer relationships. The company completed the acquisition of Rizikon, integrated its features into STREAMâ, and appointed a new Chief Executive, David Rajakovich, who refocused the business on the cybersecurity market. Strategic changes have been implemented, including new product development, a revamped website, and a focus on productive partnerships, resulting in a 17% growth in forward contracted revenues. Acuity RM aims to accelerate growth in 2025 by expanding its customer base and leveraging its innovative cybersecurity solutions.

More about Drumz

Acuity RM Group plc operates in the cybersecurity industry, providing a leading Cyber GRC SaaS platform called STREAMâ. The company focuses on risk management solutions, including Cyber GRC, Cyber Risk Quantification, Continuous Controls Monitoring, and Cybersecurity Continuous Compliance Automation. Acuity RM serves key customers in the UK, Europe, USA, and other territories, with a strong emphasis on enhancing security and resilience against cyber threats.

Average Trading Volume: 672,454

Technical Sentiment Signal: Sell

Current Market Cap: £1.79M

For a thorough assessment of ACRM stock, go to TipRanks’ Stock Analysis page.

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