Netcall’s Robust Growth Fueled by Cloud Services

Netcall (GB:NET) has released an update.

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.