PCI PAL (GB:PCIP) has released an update.
PCI-PAL PLC reported a 20% increase in revenue for the fiscal year ending June 2024, reaching £17.96 million, and achieved positive adjusted EBITDA of £0.87 million, marking a significant turnaround from the previous year’s loss. The company attributes its financial success to strong customer retention rates of 97% and strategic partnerships, including a global reseller agreement with Zoom. With a strengthened balance sheet and positive cash flow, PCI-PAL is well-positioned for future growth and expansion.
For further insights into GB:PCIP stock, check out TipRanks’ Stock Analysis page.
