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Information Services ( (TSE:ISC) ) just unveiled an update.
Information Services Corporation (ISC) reported record revenue and adjusted EBITDA for 2024, with figures reaching $247.4 million and $90.3 million, respectively. The company’s growth was driven by strong performance in the Saskatchewan Land Titles Registry and the Services segment, alongside strategic fee adjustments and project advancements in Technology Solutions. ISC has set a goal to double its revenue and adjusted EBITDA by 2028, with 2024 establishing a solid foundation for this target. The company also made voluntary prepayments towards its Credit Facility as part of its deleveraging strategy, aiming for a long-term net leverage target.
More about Information Services
Information Services Corporation (ISC) operates in the information services industry, primarily offering registry operations, services, and technology solutions. The company focuses on managing and delivering public records and data, with a significant market presence in Saskatchewan, Canada.
YTD Price Performance: -7.15%
Average Trading Volume: 4,244
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$452.2M
For an in-depth examination of ISC stock, go to TipRanks’ Stock Analysis page.