Netcall (GB:NET) has released an update.
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Netcall PLC has reported a strong financial performance for the year ended 30 June 2024, with significant growth in cloud services revenues which increased by 19% to £19.8M, contributing to a 9% rise in total revenue to £39.1M. The integration of AI into their Liberty platform and strategic acquisitions such as Skore, Govtech, and Parble have enhanced their market position and are expected to boost future earnings. With a solid cash position and a growing base of recurring revenue, Netcall is well-positioned to capitalize on market opportunities in digital transformation and automation.
For further insights into GB:NET stock, check out TipRanks’ Stock Analysis page.