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Elixirr Reports Record FY 2024 Results and Plans Main Market Move

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Elixirr Reports Record FY 2024 Results and Plans Main Market Move

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Elixirr International Plc ( (GB:ELIX) ) has shared an announcement.

Elixirr International Plc reported a record financial performance for the fiscal year 2024, driven by strong client demand and geographic expansion, with a 30% increase in revenue to £111.3 million. The company plans to move to the Main Market of the London Stock Exchange, which is expected to enhance access to institutional capital and support long-term growth. This strategic move follows significant growth since 2019, including revenue and EBITDA quadrupling and several acquisitions. The company remains confident in its outlook for 2025, supported by high demand for its technology-led advisory services and recent strategic acquisitions, such as the Hypothesis Group, which bolstered its capabilities in the US market.

More about Elixirr International Plc

Elixirr International Plc is a global consulting firm known for its innovative approach, working across various industries and geographies. Founded in 2009, the company aims to challenge traditional consultancy models by collaborating closely with clients and focusing on innovative solutions. Elixirr has expanded its capabilities through strategic acquisitions, including seven boutique firms, and has been listed on the AIM market of the London Stock Exchange since 2020.

YTD Price Performance: -8.94%

Average Trading Volume: 55,073

Technical Sentiment Signal: Hold

Current Market Cap: £310.7M

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

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