Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Idox plc ( (GB:IDOX) ) has shared an update.
Idox plc reported a strong financial performance for the fiscal year ending October 31, 2024, with a 20% growth in revenue driven by the Land, Property & Public Protection division. The company saw an increase in recurring revenue and adjusted EBITDA, alongside a significant improvement in cash generation. With a strategic focus on acquisitions and enhanced geospatial capabilities, Idox is well-positioned for future growth opportunities. The company also made significant board appointments to bolster its operational and strategic capabilities.
More about Idox plc
Idox plc is a leading supplier of specialist information management software and geospatial data solutions primarily serving the public and asset-intensive sectors.
YTD Price Performance: -1.25%
Average Trading Volume: 500,773
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £293.7M
Find detailed analytics on IDOX stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money