Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Arcontech ( (GB:ARC) ) has shared an announcement.
Arcontech Group PLC has reported a revenue increase of 4.3% to £1.51 million for the six months ended December 31, 2024, though profit before tax decreased by 3.8% due to rising staff costs. The company maintains a strong financial position with a net cash increase of 24.9% to £7.17 million, enabling continued investment in sales and product development. Despite cautious market conditions, Arcontech is confident in its future growth prospects with a robust pipeline of projects.
More about Arcontech
Arcontech Group PLC operates in the financial technology sector, providing real-time financial market data processing and trading solutions. The company primarily focuses on delivering products and services to financial institutions, enhancing their data processing and trading capabilities.
YTD Price Performance: -10.74%
Average Trading Volume: 8,157
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £14.44M
Find detailed analytics on ARC stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue