Ingenta Projects Slower Start but Remains Optimistic

Ingenta (GB:ING) has released an update.

Ingenta plc has reported a dip in interim revenue to £5.1m and adjusted EBITDA to £0.7m, primarily due to delayed project work, though cash reserves have grown to £3.0m. Despite the slower start, the company has secured significant new contracts, remains optimistic for a stronger second half with an expected year-end EBITDA of £1.8m-£2.0m, and continues to invest in sales and marketing for long-term growth.

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