Itim Group PLC (GB:ITIM) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Itim Group PLC has reported robust interim financial results, showcasing a 19% increase in group revenue to £8.8 million, a significant improvement in adjusted EBITDA to £1.2 million, and a strong cash position with net cash of £3.0 million. The company credits this performance to new contract wins and increased sales, resulting in an anticipated full-year result that is expected to surpass current market expectations.
For further insights into GB:ITIM stock, check out TipRanks’ Stock Analysis page.