Arcontech (GB:ARC) has released an update.
Arcontech Group PLC, a key player in financial market data processing and trading, has reported an encouraging financial year ending June 2024, with turnover and pre-tax profits rising to £2,910,232 and £1,098,959, respectively. The company boasts a secure base of recurring revenue, which comprises 99% of total revenues, and has seen its cash reserves grow by 11.7% alongside a proposed dividend increase of 7.1%. Arcontech’s sustained customer retention and expansion, coupled with a focus on enhancing product offerings, has set a confident outlook for continued growth in its core market.
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