GetBusy Reports Revenue Growth and Strategic Developments Ahead of AGM

GetBusy Plc ( (GB:GETB) ) just unveiled an update.

GetBusy plc reported a 6% year-on-year increase in annualised recurring revenue, reaching £21.3m despite a currency headwind. The company is optimistic about its long-term value creation, with significant developments such as the integration of SmartVault with Intuit’s ProConnect Tax and the launch of AI-driven features expected to drive growth. The sales pipeline for Workiro is expanding, with efforts to simplify customer migration anticipated to improve churn rates.

Spark’s Take on GB:GETB Stock

According to Spark, TipRanks’ AI Analyst, GB:GETB is a Neutral.

GetBusy Plc’s overall stock score is driven by strong revenue growth and improving profitability, though tempered by financial instability with negative equity and bearish technical indicators. Valuation is reasonable, but the lack of a dividend yield reduces appeal. Recent positive corporate events, such as insider share purchases, suggest potential for future growth, but caution is warranted given current market momentum.

To see Spark’s full report on GB:GETB stock, click here.

More about GetBusy Plc

GetBusy plc is a leading provider of productivity software solutions for professional and financial services, enabling businesses to work securely and efficiently across cloud, mobile, hosted, and on-premise platforms. With nearly 70,000 paying users and over 4 million collaborators, GetBusy is a fast-growing SaaS company delivering sustained double-digit growth in high-quality recurring subscription revenue.

Average Trading Volume: 43,636

Technical Sentiment Signal: Sell

Current Market Cap: £24.33M

For detailed information about GETB stock, go to TipRanks’ Stock Analysis page.