Business GrowthRevenue of $28.8m up 14% pcp and ARR of $54.9m up 18% pcp.
Market GrowthThe power and electricity industry in Europe continues to grow from digitisation and modernisation of the grid, more accommodating regulatory changes, greater adoption of different energy sources (gas & renewables) and continued shift towards a unified EU electricity market.
Strategic OpportunitiesSupermajor oil and gas players & Industrial power users – Many are managing extensive Power Purchase Agreement (PPA) portfolios, which EOL software can directly assist, providing growth opportunities for EOL.