Dotdigital Reports Strong Year-End Growth

Dotdigital (GB:DOTD) has released an update.

Dotdigital Group plc has reported a year of both financial and strategic growth, with a 14.1% increase in revenue to £79.0m and a solid cash balance of £42.2m, exceeding market expectations. The successful integration of Fresh Relevance and the expansion of its customer experience and data platform have led to significant advancements in the company’s product offerings, resulting in a 15% rise in average revenue per customer. Entering the new fiscal year, Dotdigital is confident in its growth prospects, buoyed by a diverse revenue base and a strong net cash position for further investments.

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