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Acuity RM Group Shows Revenue Growth and Strong Pipeline

Acuity RM Group Shows Revenue Growth and Strong Pipeline

Drumz (GB:ACRM) has released an update.

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Acuity RM Group plc reported interim results for H1 2024 with revenues up to £1.0m from £0.9m in H1 2023, and a strengthened cash balance of £1.86m, boosted by a successful fundraise. The company saw a 21% increase in new orders, a robust sales pipeline valued at £7.9m, and launched STORM, a new counter-terrorism software. Despite a loss after tax of £590k, the board remains focused on organic growth and potential acquisitions to enhance shareholder value.

For further insights into GB:ACRM stock, check out TipRanks’ Stock Analysis page.

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