PCI PAL (GB:PCIP) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money