Essensys PLC Returns to Profit and Launches New Product Amid CEO Succession

essensys PLC ( (GB:ESYS) ) just unveiled an announcement.

Essensys PLC reported a return to positive adjusted EBITDA for the first half of 2025, driven by a simplified operational structure and a focus on strategic customers. The company launched a new product, elumo, aimed at driving growth over the next five years by helping landlords and operators manage shared meeting rooms. Despite a challenging macroeconomic environment and the downsizing of a large strategic customer, essensys remains on track for cash generation and profitability by the end of the fiscal year. The company also announced a planned succession in the Chief Executive Officer role, with James Lowery set to take over from founder Mark Furness in May 2025.

More about essensys PLC

Founded in 2006 and listed on the London Stock Exchange AIM Market, essensys is a leading global provider of software and technology to the commercial real estate industry. Partnering with many of the world’s leading landlords and flexible workspace operators, essensys delivers innovative digital experience solutions that drive occupancy, maximize yield, and reduce operating costs. Its flagship products, essensys Platform and elumo, solve the complex challenges of managing physical and digital access in dynamic multi-tenant environments, while delivering deep space utilization insights and transformative digital experiences.

YTD Price Performance: 15.62%

Average Trading Volume: 89,587

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £24.59M

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